US LNG exports decline – Reuters ...News

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US LNG exports decline – Reuters
source : Russia Today ( News ) () 43
Maintenance issues and sluggish demand from the EU are behind the fall, data shows US exports of liquefied natural gas (LNG) dropped 10% in June in monthly terms to 6.82 million tons due to plant maintenance and a decline in EU demand, Reuters reported this week, citing preliminary data from Refinitiv. According to the report, planned outages at two big suppliers affected US LNG production. Combined with a warmer-than-normal winter, this led to a build-up of gas inventories and lower prices, it said. Gas supplies to US plants in the last week of June were 10.7 billion cubic feet per day (bcfd), “lower than the May

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