GAZB - US LNG Exporters Taking Advantage Of Improved Fundamentals
- In January, a polar vortex in Asia and Europe drove LNG prices to record highs as demand for heating and power generation jumped considerably.
- As prices have improved and demand has picked up, US exports have rebounded from a two-year low in July to a record high of 9.8 Bcf/d in December, as estimated by the US Energy Information Administration (EIA).
- An improvement in LNG fundamentals has resulted in some optimism for current US LNG exporters and those developing new projects.
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US LNG Exporters Taking Advantage Of Improved Fundamentals