23 Aug, 23

Next Hurricane Could Shut-In 40% Of Gulf Of Mexico Production

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The volume of natural gas flowing to LNG giant Cheniere Energy’s (NYSE:LNG) Corpus Christi export plant in Texas was on track to decline nearly 30% on Wednesday, a day after Tropical Storm Harold hit South Texas. According to Refinitiv data, gas volumes flowing to Corpus were on track to drop to about 1.5 billion cubic feet per day (bcfd) on Wednesday from 2.1 bcfd previously. At full capacity, the three liquefaction trains at the Corpus Christi LNG export plant are capable of chilling  2.4 bcfd of natural gas into LNG, enough to supply 12…

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