Feed gas deliveries to U.S. liquefied natural gas (LNG) export terminals finally jumped back up on Monday after sitting below 4 Bcf/d for nearly two weeks. For the evening cycle for Monday’s gas day, Genscape Inc. estimates showed a 550 MMcf day/day jump in feed gas demand to more than 4 Bcf/d overall. “Most notably,…
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Feed gas deliveries to U.S. export terminals plummeted to new lows on Monday, putting pressure on Henry Hub futures to start a month in which dozens of cargoes have been canceled.
With liquefied natural gas (LNG) feed gas volumes sinking to fresh lows and overall demand still lagging amid the coronavirus pandemic, June natural gas forward prices softened for the May 21-27 period, according to NGI’s Forward Look.
Feed gas deliveries to U.S. export facilities remain at some of their lowest levels of the year after they fell below 6 Bcf/d early last week as the global gas glut has pushed prices lower and led to more cargo cancellations.
Feed gas deliveries to U.S. liquefied natural gas (LNG) export terminals bounced back over the weekend, surpassing 9 Bcf/d and hitting their highest point in weeks.