The global natural gas squeeze has been festering, but U.S. cargoes to overseas markets are unlikely to save the day as winter draws near, according to a group of industry experts.

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In a series of webinars hosted last week by Raymond James & Associates Inc., executives offered their views on the risks facing the gas markets here and abroad. 

Executives of Poten & Partners, BTU Analytics, Clermont Energy Partners LP and NGI shared a discussion about the outlook. Raymond James analyst J.R. Weston moderated the discussion.

“Global natural gas represents about 25% of global primary energy supply and is currently in a ‘you name a problem, and it is probably happening right now’ type of situation,” Weston and analyst colleague Justin Jenkins said following the...