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...

https://mfame.guru/u-s-lng-gas-export-falls-more-than-half-in-2020/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon