U.S. liquefied natural gas exports have been on a steady rise over the past year, especially to Europe, where they surged by 272 percent since July last year. However, this year’s hurricane season could interfere with the trend and compromise the flow of U.S. LNG to Europe and Asia. While early forecasts for this hurricane season are favorable for the LNG industry, with overall expectations being for an average to below-average hurricane activity in the Atlantic, surprises can never be ruled out especially when so much is at stake. In an article for Forbes, one of the world’s few certified consulting meteorologists, Jim Foerster, notes that the LNG companies in the U.S. are watching all hurricane season forecasts particularly closely due to the problems hurricanes could cause for the industry ranging from higher prices because of shipment delays to loss of equipment and revenues as a result of necessary […]