Although the winter has been unseasonably warm through most of the lower 48 States, cold temperatures on Sunday led to increases in consumption, imports, and LNG sendout according to estimates from BENTEK Energy, LLC (Bentek). Total U.S. consumption rose to more than 104 billion cubic feet (Bcf) on Sunday, the highest level of the winter so far. Imports from Canada and LNG sendout – each of which has been very low this year –increased during the weekend, filling in as a marginal source of supply. LNG sendout rose to 1.2 Bcf on Sunday and Monday, with sendout coming from four separate terminals (last report week, LNG sendout averaged 0.6 Bcf per day).
This winter has been unusually warm, which has been reflected in lower natural gas consumption – the five-year (2007 – 2011) average for January consumption, according to both EIA and Bentek data, is 87.7 Bcf per day, about 4 percent greater than Bentek’s January 2012 average of 83.9 Bcf per day.