Gas deliveries to US liquefaction facilities topped 9 Bcf/d for the first time over the holiday weekend and hit a new record Tuesday as exporters seemed unfazed by weak prices in Asia and below-zero netbacks to the Gulf Coast from Europe. Receive daily email alerts, subscriber notes & personalize your experience. Register Now They were likely taking advantage of winter spreads, which were considerably higher at the end of 2019, when loading schedules and hedges would have been locked in. The high utilization at the six major US LNG export facilities was being supporting by long-term contracts underpinning the bulk of the capacity. The forward markets indicate that spreads will remain below $1/MMBtu through the end of the summer, but market momentum has been decidedly bearish, which could threaten the production […]