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MARKETS

US LNG exports are down 50% this year so far

IN March gas deliveries to US liquefaction facilities were running at a record 9.8 billion cubic feet per day but now stand at 4Bcfpd this month, according to IHS Markit data cited by the US Energy Information Agency.

Helen Clark
Sabine Pass, the US' first LNG export facility

Sabine Pass, the US' first LNG export facility

Low prices and low demand mean US LNG infrastructure will likely run at an overall 50% of nameplate capacity the rest of the year, with the administration suggesting July will see the lowest level of exports...

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