U.S. LNG exports fall in May on lower output and changing demand trends
U.S. exports of liquefied natural gas (LNG) fell in May to 7.66 million tonnes from a record 8.01 million tonnes in April as plant maintenance curbed some output and weaker prices in Europe cut flows to the region, shipping data showed. U.S. LNG exporters reduced cargoes to Europe last month while more LNG was delivered to Asia and Latin America, partially offsetting the European weakness, according to Refinitiv Eikon preliminary vessel tracking data. Asia LNG prices for July delivery have rebounded from earlier declines, making U.S. LNG more attractive for ...
Read More »