VIDEO: US LNG growth hit by cargo cancellations

Ruth Liao

24-Jun-2020

LONDON (ICIS)–Ruth Liao, Editor, LNG Americas, discusses the reasons behind the high number of US LNG cargo cancellations.

  • Oversupply, low demand cause US LNG offtakers to cancel summer loadings
  • US cargo cancellations expected to continue through Q3 given uneconomic price spreads
  • Production in the US faces monthly lows not seen since February 2019

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