Cheniere Corpus Christi gas intake remains depressed, indicating ongoing maintenance

• Corpus Christi is the United States' third-largest LNG export facility, while Cheniere is the largest LNG exporter.
• Feedgas deliveries to all U.S. LNG export plants totaled about 16.7 bcfd on Monday, below the nearly 18 bcfd the country's LNG facilities can process.
• The U.S. is the world's largest LNG exporter and a key supplier of the supercooled fuel to global markets.
• The reduction in feedgas flows comes as global LNG markets remain supported by supply concerns linked to the ongoing conflict involving Iran.

U.S. LNG producer Cheniere Energy's Corpus Christi LNG export plant in Texas continued to show reduced natural gas demand on Monday, according to preliminary data from financial firm LSEG, suggesting maintenance work at the facility remains underway.

Corpus Christi is on track to consume about 1.8 billion cubic feet per day (bcfd) of natural gas, down from its typical intake of around 2.6 bcfd.