US LNG feedgas demand surged Dec. 28 to near a record set two weeks earlier as spot prices for deliveries to Northeast Asia, the world’s biggest import market, rose to the highest level in six years, S&P Global Platts Analytics data showed. The activity comes despite long wait times at the Panama Canal for LNG tankers arriving without a reservation. Heading into 2021, US producers are being buoyed by strong market fundamentals. Peak demand and pockets of supply tightness have been bullish for prices, while high tanker charter rates have not deterred robust exports from the Gulf and Atlantic coasts. Gas deliveries to the six major US liquefaction facilities totaled 11.41 Bcf/d on Dec. 28, up around 430 MMcf/d […]