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.
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.
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.