U.S. liquefied natural gas exports remain at low levels this summer

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. 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.
Want to pay your bill quickly and securely online? Click now and pay...

SynEnergy Partners LLC continues to monitor COVID-19 around the clock under the guidance of our Global Crisis and Regional Incident Management teams, and we have responded as a company with compassion for those who may be affected as well as an abundance of caution to limit the spread of the virus.

We are also taking measures to ensure business continuity remains unimpacted during this time.