US LNG Weekly Recap: January 30, 2026
Jan-30 15:54By: Erica Blake
LNG+ 2
US LNG feedgas swung from 10.4 Bcf/d during Winter Storm Fern and recovered to over 17.6 Bcf/d four days later. The LNG complex showed significant flexibility as Gulf Coast prices hit record highs to keep natural gas in the domestic market.
- Winter Storm Gianna is heading to the Atlantic Seaboard this weekend, which may lead to additional LNG turndowns as temperatures are expected to hit record lows and have a duration not seen in decades. Freeport LNG stated earlier this week they may consider rescheduling long-term contract cargos because of the storm.
- US feedgas is down 0.3 Bcf/d today, driven by a 0.5 Bcf/d overnight decline at Sabine Pass which is being offset by a 0.5 Bcf/d overnight increase at Freeport.
- Elba Island has been importing gas for the last week, importing 1.2 Bcf/d on the 26th. Imports declined slightly to 0.2 Bcf/d as the impact of Winter Storm Fern dissipated, but they have ramped back up today to 0.7 Bcf/d as Winter Storm Gianna moves to the Atlantic Seaboard.
- Golden Pass and Corpus Christi Stage 3 both made regulatory and commissioning progress this week. Chevron guided that Golden Pass train 1 will make first LNG in March, a slight delay from the Qatar Energy guidance at the end of last year for February. Corpus Christi stage 3 is moving into the commissioning phase for train 5, and train 4 is expected to be substantially complete in Cheniere’s earnings next month.
