Commodities
US LNG Exports Shift From Heat Demand to Storage Levels
US liquefied natural gas (LNG) shipments have started following storage levels rather than heat demand, according to data from Entropic Analytics.
This shift is evident in the latest pipeline flow data, which shows that US LNG cargoes are now swinging towards Europe.
The change is significant, as it indicates a shift in market dynamics. In the past, US LNG exports were largely driven by heat demand, particularly during peak winter periods when gas prices tend to soar.