Briefly Noted

Tellurian is looking for approval from the Federal Energy Regulatory Commission through its subsidiary Driftwood Pipeline to build and operate a 37-mile, dual 42-inch pipeline system in Louisiana to meet natural gas demand in the Lake Charles area and potentially serve its proposed export terminal. The Line 200 and 300 project would pair supplies from various production regions with growing industrial, petrochemical, manufacturing, power generation, residential and LNG demand. Tellurian requested FERC approval by the end of 2022. Service could begin in 2024. * * * As the maintenance season that started in early May at different export facilities and nearby pipelines comes to an end, flows of LNG feedstock are rising. Daily feedgas flowing into US LNG export facilities averaged 11 billion cubic foot per day Wednesday, a level not seen in almost a month. Maintenance on the Creole Trail pipeline, which is the essential gas supplier to Sabine Pass, was completed Tuesday night. Construction started three days earlier to provide electrical upgrades at one of its compressor stations. Sabine Pass feedgas flows on Wednesday rose 1 Bcf from flows recorded on Tuesday. * * * Higher than average temperatures that swept across the country last week is credited for expectation for a small storage build to be reported on Thursday. Analysts are expecting a below normal 66 Bcf storage build for the week ended Jun. 18 when the US Energy Information Administration reports data Thursday. This compares to the five-year average injection of 83 Bcf and last year’s 115 Bcf build. Models range from injections of 56 Bcf to 79 Bcf. If consensus is correct, the storage level will be 5.4% below the five-year average and 16.8% below last year’s levels, according to Reuters. Meanwhile, models for the week ending Jun. 25 are for a smaller-than-average build of 71 Bcf, with models ranging from 62 Bcf to 80 Bcf. That compares with a five-year average increase of 65 Bcf and a 73 Bcf injection during the same week last year.