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Gas processing - 19 July 2022

US natural gas supply and demand balance shifts

A fire at Freeport LNG’s natural gas liquefaction plant led to the full shutdown of the facility, which reduced US export capacity by an estimated 2.0 billion ft3/d.

 

China’s LNG imports to decline

Wood Mackenzie reports that China’s LNG imports are set to fall over 14% year-on-year to 69 million t in 2022, the largest decline since it began LNG imports.