Sabine Pass Withdrawals Fall to 3.6 Billion Cubic Feet as Two Trains May Be Offline

Key Facts

Sabine Pass LNG withdrew 3.6 billion cubic feet of gas on Monday, November 2, down from about 5 billion cubic feet recently, according to a Reuters report published on November 3. LSEG data indicated that at least two of the facility’s six liquefaction trains may be offline. The daily decline puts terminal flows clearly below the recent comparison cited in the report. But the available data did not specify how long the decline would last or how many trains were actually offline. Cheniere Energy shares closed at $311.67 on November 2, according to EL7 data.

Cheniere describes Sabine Pass as having six operating liquefaction trains, with total nameplate production capacity of about 30 million tonnes a year, while processing more than 4.7 billion cubic feet of natural gas a day for conversion into LNG. This operating scale provides context for the decline in observed withdrawals, but does not by itself establish how much production was affected that day. LSEG’s indication that two trains may be offline does not confirm that liquefaction units actually stopped or that available capacity fell by the same amount. The available information included no company announcement confirming that specific units had stopped or identifying the reason for the lower flows. Withdrawal figures alone also do not measure the facility’s shipments on Monday.

Third-quarter data show that Cheniere Partners exported 104 cargoes from Sabine Pass, totaling 377 trillion British thermal units, compared with 104 cargoes and 374 trillion British thermal units in the third quarter of 2025. The number of cargoes was therefore unchanged between the periods, while the volume recorded in the third quarter of 2026 increased. As of October 23, 2026, the company said the project had produced, loaded and exported about 3,560 cumulative cargoes totaling more than 245 million tonnes. These figures put the daily decline in withdrawals in the context of a facility with a substantial export record, but do not show whether the November 2 drop changed the shipping schedule. The available information contains no subsequent export-flow figures or company comment linking them to the withdrawal reading.

The flow reading comes as U.S. LNG exports expand. They rose from 0.5 billion cubic feet a day in 2016 to 15.0 billion in 2025, while the U.S. Energy Information Administration forecast they would exceed 18.1 billion cubic feet a day in 2027. The increase shows the growing role of U.S. export facilities, including Sabine Pass, in global supply. National figures, however, do not establish how the decline at one facility affected markets or supplies available to buyers. The information provided also contains no gas price data or market reaction after the report was published. The company’s shares closed at $311.67 in the November 2 session, but that information alone does not allow the share move to be attributed to operational developments.

For the longer term, Cheniere Partners announced in October an agreement under which a Sabine Pass unit will supply QatarEnergy with up to 2 million tonnes a year of LNG, beginning in the early 2030s and continuing through 2054. One million tonnes a year of the volume is subject to conditions, including a positive final investment decision for Phase 1 of the expansion. In a September disclosure, the company said expected production capacity for Phase 1 exceeds 6 million tonnes a year, with required regulatory approvals still pending. Separately, a Federal Energy Regulatory Commission statement described the proposed Phase 5 as including the construction of three additional trains, each with peak production capacity of about 300 billion cubic feet a year. The project description estimated that LNG vessel traffic in the Gulf and Sabine Pass Channel would rise from 580 to 740 vessels a year, an increase of up to 160 vessels, if the proposed expansion proceeds. These are future plans and agreements and do not set a date for current flows to recover or establish their immediate impact.

In the near term, Cheniere Partners declared a third-quarter cash distribution of $0.890 per common unit for unitholders of record on November 3, payable on November 13, 2026. That financial date is separate from Sabine Pass’s daily operating status and does not by itself indicate the reason for the decline in withdrawals. The flow report published on November 3 focused on Monday’s reading and LSEG data indicating that two trains may be offline. The available information gives no expected date for flows to return to recent levels or for the trains’ status to be confirmed. The next date tied to the available information is the announced distribution payment on November 13.