Storage hits season-low at 153 Bcf deficit to average Gulf Coast LNG feedgas demand up 2 Bcf/d vs. 2021 Salt dome drawdown possibly extended this season As gas storage levels in the US South Central region hit seasonal lows, this summer’s inventory build could be a challenging one for utilities and traders who will face stiffer competition for supply in the Gulf Coast market where LNG exports are forecast to hit new record highs this year. Receive daily email alerts, subscriber notes & personalize your experience. Register Now In mid-March, South Central storage levels bottomed out at an estimated 559 Bcf, hitting their lowest since 2019 as the region’s inventory deficit versus the five-year average widened to over 150 Bcf. Following a paltry first injection of the season in late March, storage levels in the South Central region are now estimated at 581 Bcf as of the […]