The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Freeport LNG s export plant in Texas was on track to hit its highest on Wednesday since shutting in June 2022, according to data provider Refinitiv.
U.S. natural gas inventories are nearing the end of winter well above average, causing futures prices to slump close to their lowest level in real terms in three decades.
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continues to pressure prices down.
Exports of LNG will continue to drive growth in US natural gas exports over the next two years, according to the U.S Energy Information Administration’s recent Short-Term Energy Outlook.
/PRNewswire/ Freeport LNG Development, L.P. (Freeport LNG) today announced that it has received regulatory approvals from the Federal Energy Regulatory.