US LNG feedgas demand hits record 20.4 bcfd as export plants run near capacity

The record is less about new capacity than about utilisation: plants running at or near full capacity means the marginal constraint has shifted from liquefaction buildout to gas supply and pipeline deliverability. Concentration matters too, with Sabine Pass alone accounting for nearly a quarter of feedgas, so single-facility outages now move the national demand picture. The open question is whether this level holds through winter, when heating demand competes for the same molecules, or whether record feedgas proves a shoulder-season phenomenon.