As analyst estimates showed liquefied natural gas (LNG) demand continuing to sag in the aftermath of former Hurricane Laura, gas futures were down sharply in early trading Monday. The October Nymex contract was off 7.8 cents to $2.579/MMBtu at around 8:45 a.m. ET.

AM markets

Estimates from Genscape Inc. put interstate pipeline flows to U.S. LNG export facilities at 2.68 Bcf/d for Monday’s timely cycle.

“LNG feed gas demand has still not recovered from the devastating effects of Hurricane Laura,” the firm said. Prior to Laura, August feed gas demand averaged 4.33 Bcf/d. “These major declines are still being driven most notably by Sabine Pass LNG and Cameron LNG.”

Flow data suggested both the Sabine Pass and Cameron terminals remained shut down through the weekend, analysts at...