Natural Gas Intel: LNG Recap: The ‘Great LNG Pushback’ Begins as U.S. Feed Gas Deliveries Plummet

1 June, 2020

Roughly 130 U.S. LNG cargoes are expected to be canceled between May and October, according to one estimate from shipbroker Poten and Partners. About 30 of those would have been lifted this month before prices in key markets like Asia and Europe tanked, making it uneconomic to move the super-chilled fuel from terminals on the Gulf Coast and in Maryland overseas.

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