NATS: U.S. Regasfication Volumes Down Significantly, Suggesting a Fundamental Market Shift
Posted on Jul 30, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on NATS: U.S. Regasfication Volumes Down Significantly, Suggesting a Fundamental Market Shift
NATS LNG Week in Review notes that regasification volumes sent out from U.S. LNG import terminals dropped by nearly one-third in the previous week, and opines that these lower volumes mark a distinct market shift from the past several months. As European and Asian LNG markets have tightened over the past few weeks, U.S. gas supplies have remained high, driving down the domestic gas price. NATS cautions, however, that extreme weather could further alter the LNG markets. [Subscription required]