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.
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LNG Anxieties Weigh on June Natural Gas Forward Prices, but Demand Growth Expected by July
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.
LNG Recap: Feed Gas Deliveries Hit Sustained Lows as Export Economics Still Challenged
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.
LNG Recap: U.S. Feed Gas Deliveries Spike; Coronavirus Weighs on European Demand
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.