US LNG feedgas on track for 10-month high as flows rise to Louisiana Plaquemines plant

US LNG

The amount of gas flowing to the seven big operating U.S. liquefied natural gas (LNG) export plants was on track to rise to a 10-month high on Wednesday, according to data from financial firm LSEG.

Feedgas was up in part as flows to Venture Global LNG’s Plaquemines plant in Louisiana were on track to rise to a record high for a second day in a row on Wednesday as the company tests equipment at the plant.

Plaquemines will be the country’s eighth big LNG export plant once it starts producing LNG, which analysts expect will happen by the end of the year.

(Reporting by Scott DiSavino, Editing by Louise Heavens)

Source: Boereport.com

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