US LNG feedgas demand hit a new record high at 12.55 Bcf/d on Dec. 17, based on morning nominations, as the export value of Gulf Coast FOB cargoes surged amid strong demand in Europe. Receive daily email alerts, subscriber notes & personalize your experience. Register Now With colder weather predicted for most of Europe in the near-term – and the biggest temperature drops forecast for Russia – LNG markets could see more volatility in the coming week. The positive trends for US LNG export activity were expected to continue heading into the new year as a seventh major US liquefaction facility, Venture Global LNG’s Calcasieu Pass, ramps up and begins production. Small volumes of feedgas were observed flowing to the Louisiana facility on Dec. 17, as commissioning toward startup continued. Record-breaking global LNG prices and favorable netbacks to the Gulf Coast have continued to incentivize exports from the US. […]