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LNG Remains Stuck Between a Rock and a Hard Place

LNG Remains Stuck Between a Rock and a Hard Place

April 15, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Though U.S. exports of liquefied natural gas (LNG) are down sharply from year-ago levels, the sector should recover in an ever-changing market.

There were 22 vessels laden with LNG that left U.S. export terminals between April 4 and April 10, carrying a combined 75 billion cubic feet (Bcf) of product. Over the similar period last year, 26 vessels left U.S. terminals carrying 96 Bcf of product.