LNG surges into December

LNG is surging into December with early indications that it has set a record above 11 Bcf/d today.

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If this holds, it will be built on near-maximum flows at every terminal as well as additional commissioning flows to Train 3 at Corpus Christi LNG.

US LNG terminal utilization has undergone a massive comeback in recent months that helped it hold an average above 10 Bcf/d over the entire month of November.

LNG demand is exhibiting about 2.9 Bcf/d of year-over-year growth and is expected to remain at very high utilization levels throughout the winter.

Source: Gelber & Associates

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