Friday, November 2, 2018

"US LNG exports rise third week running"

Have I mentioned there appears to be something going on with LNG?

From LNG World:

Liquefied natural gas (LNG) exports from the United States increased for the third week in a row with seven cargoes shipped in the week ending October 31.
Data from the United States Energy Information Administration shows that seven LNG tankers left the two exporting facilities during the week under review, hauling a total of 24.5 Bcf of the chilled fuel.
Five tankers left Cheniere’s Sabine Pass LNG export facility in Louisiana between October 25 and October 31, with one tanker with a 3.8 Bcf capacity loading at the plant on Wednesday, October 31.
The two cargoes exported from the Cove Point terminal near Lusby, Maryland, were the first exports since the facility resumed LNG production after three weeks of scheduled maintenance that was completed in mid-October....MORE
Some- (non-El Niño )- day the natural gas futures will react to the U.S. sending increasing amounts of the stuff overseas but not at the moment.