Reuters - U.S. LNG exports fall 5% as shipments to Europe slip

February 1, 2023 – Reuters

U.S. LNG exports fall 5% as shipments to Europe slip

By Marianna Parraga

HOUSTON, Feb 1 (Reuters) - U.S. exports of liquefied natural gas (LNG) declined 5% to 6.84 million tonnes in January compared to the prior month as cold weather boosted domestic demand and as producers sent less gas to European customers, Refinitiv Eikon data showed on Wednesday…

Read the full article here: https://www.reuters.com/business/energy/us-lng-exports-fall-5-shipments-europe-slip-2023-02-01/

… Allen and other analysts believe it could be months before Freeport LNG's three units are in full production. Once the facility restarts, there are no other new LNG export sites due to go online this year, which had not happened since 2016.

"After one of the tightest gas markets of the last decade in 2022, the stage is set for one of the most oversupplied markets we've seen in years," consultancy RBN Energy said.