Cameron LNG was flowing feed gas to its second liquefaction train Monday as deliveries to US export terminals remained near a record level with the market in contango and with the peak winter season approaches. Five of the six major facilities operating on the Gulf and Atlantic coasts were expected to see high utilization as global demand for the power plant and home heating fuel picks up in the weeks ahead. The sixth facility, Kinder Morgan’s Elba Liquefaction in Georgia, has yet to ship its first cargo, and neither the operator nor the sole offtaker, Shell, has said when it would. While netbacks have experienced some weakness, the forward curve suggests higher prices in the future. That trend continues to support the ramp-up, evidenced by gas deliveries to terminals that reached almost […]