U.S. LNG Gas Export Falls More Than Half in 2020

  • Historically low natural gas and LNG spot prices in Europe and Asia have affected the economic viability of U.S. LNG exports.
  • Trade press reports indicate that more than 70 cargoes were canceled for June and July deliveries, and more than 40 cargoes were canceled for August deliveries.
  • In comparison, 74 cargoes were exported from the United States in January 2020.

A recently reported article published in EIA reveals the status of the present status of LNG market in the US.

A comparison of March...

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