U.S LNG exports remain low

(EIA) After establishing a record high of 8.0 billion cubic feet per day (Bcf/d) in January 2020, U.S. exports of liquefied natural gas (LNG) fell to an average of 3.1 Bcf/d in July 2020.

RELATED POSTS

LNG liquefaction capacity to increase by a staggering 300 bcm/y by 2030

15 hours ago

Asian LNG buyers are most exposed to Strait of Hormuz crisis

2 days ago

China’s role in the global LNG market may become less dominant

2 months ago

July exports were similar to LNG exports in May 2018, when the available liquefaction capacity was about one-third of the current capacity.

During the week of July 12–18, 2020, LNG weekly exports were loaded by only four vessels for a total of 2.0 Bcf/d—the same levels as the second week of December 2016.

The U.S. Energy Information Administration (EIA) expects U.S. LNG exports to remain at low levels for the next few months. According to trade press reports, 45 cargoes have been canceled for August shipments and an estimated 30 cargoes have been canceled for September shipments.

Follow the EIA on Twitter:

[tfws username=”EIAgov” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]

RELATED POSTS

LNG liquefaction capacity to increase by a staggering 300 bcm/y by 2030

15 hours ago

Asian LNG buyers are most exposed to Strait of Hormuz crisis

2 days ago

China’s role in the global LNG market may become less dominant

2 months ago