Natural gas futures remained lower through midday trading Wednesday as LNG export demand weakness continued to weigh on prices. Physical markets were strengthening somewhat amid modestly cooler weather expected later this week.

Here’s the latest:

  • May Nymex futures were off 3.1 cents to $1.701/MMBtu as of 2:01 p.m. ET

Pipeline flows to U.S. liquefied natural gas export terminals remained subdued Wednesday at 10.33 million Dth/d, according to NGI’s LNG Export Tracker. Volumes bound for the Freeport LNG terminal totaled 54,632 Dth/d in the latest sample. The lack of molecules flowing to Freeport has led to speculation that all three of the facility’s liquefaction trains could be offline.

  • Lower 48 storage buffer not expected to shrink much with this week’s U.S. Energy...