Highlights 13 Bcf/d of feedgas demand observed Dec. 21 Atlantic awash in LNG tankers heading east US LNG feedgas demand registered Dec. 21 at around 13 Bcf/d – a new record — as the six major US liquefaction facilities in operation appeared to be running at full capacity and a seventh was undergoing commissioning, S&P Global Platts Analytics data showed.
Ultra-high delivered prices in end-user markets were incentivizing robust US export activity. The trends were expected to continue in the near-term, with cold weather across Northwest Europe boosting LNG demand there and even more frigid temperatures in Russia restraining pipeline gas volumes to the continent as Russia keeps more of its supply for domestic use. Gas deliveries to US LNG export terminals rose about 140 MMcf/d from the previous day, based on nominations for the morning cycle […]