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LSEG data indicates that the Cheniere Sabine LNG Plant in Louisiana is on track for exit reduction.

According to data provided by financial firm LSEG, the amount of natural gases flowing to U.S. liquefied gas company Cheniere Energy’s Sabine Pass Export Plant in Louisiana is on track to reach a preliminary 3-week high on Monday.

Energy traders noted that an increase in gas flow and a Cheniere notice that it had completed work on the pipeline that supplies gas to the plant by June 20 are signs that the facility is exiting a maintenance period of three weeks.

According to LSEG, gas flows in the 4.5 billion cubic feet per day Sabine region were expected to reach a preliminary 4.2 bcfd Monday. This is up from an annual average of 3.0 bcfd, since late May.

A billion cubic feet of gas is enough to power five million U.S. households for one day.

Cheniere officials were not available to comment immediately.

Cheniere informed customers that the pipeline Creole Trail, which provides some of the gas used in Sabine, had been completed on June 20, 2018. The company stated that it began the latest work on the pipeline in May.

Gas flows to all eight major U.S. export LNG plants, including Sabine rose to a preliminary 3-week high of 15 bcfd Monday. This is up from 14.7 bcfd Sunday and averaging 14.1 bcfd in June.

This compares to a total LNG average of 15.0 Bcfd and a record monthly high of 16.0 Bcfd for April. (Reporting and editing by Alexandra Hudson, Emelia Sithole Matarise).

(source: Reuters)