Monday, August 31, 2020

Post-Hurricane Laura -- August 31, 2020

 Sabine re-start, link here:

  • Cheniere Energy and Cheniere Energy Partners say a comprehensive facility and operational assessment of the Sabine Pass Liquefaction facility and pipeline assets revealed no significant damage from Hurricane Laura. 
  • Bechtel, Cheniere's EPC contractor, is returning today to Sabine Pass to resume work constructing Train 6 and on the Third Berth project
  • Also, Sempra Energy reports no catastrophic wind damage at its Cameron LNG export facility in Louisiana and "minimal" flooding at the site of its proposed Port Arthur LNG terminal in Texas. 
  • Gulf Coast energy facilities braced for "catastrophic" damage from the hurricane but averted worst-case scenarios. 

US LNG export facilities are tracked here.

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Gasoline Demand

We'll get the latest US gasoline demand numbers later, but from the PR Newswire: 61 million Americans have stopped commuting due to Covid-19. Link here. Only one in four are back to their regular commutes as of August, 2020.

The earliest we will see a vaccine? 2Q21.

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