August Cargo Cancellations at US LNG Terminals

  • More than 40 loadings said nixed in latest tally.
  • Improving economics could spur fall rebound.
  • The total suggests weak demand will persist through late summer, even with signs of improving economics.
  • LNG prices in the US’s two major export markets, Asia and Europe, remain tepid.

The U.S. LNG industry expects to see buyers cancel as many as 45 LNG cargoes for August loading as natural gas demand in the Asian market and bloated European LNG inventories sap enthusiasm for U.S. LNG, writes...

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