Gas deliveries to US liquefaction terminals rose to the highest level in two and a half months Aug. 20 at almost 5 Bcf/d amid improving prices in end-user markets and declining cargo cancellations. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The activity reflects a rebound that has been expected heading into the fall and winter following significant market weakness that was exacerbated by the coronavirus pandemic. US Gulf Coast LNG netbacks from Northeast Asia have rallied recently, led by a bullish surge on the Platts JKM September assessment, which was up nearly 35% over the previous 10 days. The run appears to be driven by an unplanned outage at the Gorgon LNG facility in Australia, with further safety concerns pointing to the possibility of a larger, extended outage down the road, S&P Global Platts Analytics data showed. Outside of supply side issues, […]

Posted in: LNG