Freezing Weather Forces the World’s Top LNG Exporter to Import Gas

Freezing Weather Forces the World’s Top LNG Exporter to Import Gas

Several energy companies imported liquefied natural gas into the United States, with the unusual move prompted by surging demand for energy and heating pushing gas prices to all-time highs. According to LSEG data cited by Reuters, BP and Shell sent LNG cargoes from their jointly owned Atlantic LNG plant in Trinidad and Tobago to the U.S. last week. In fact, per the data, most of the LNG coming into the United States amid the freeze is coming fro…

US LNG Plants Imported Cargoes During Winter Storm as Natural Gas Prices Hit Records - Energy News, Top Headlines, Commentaries, Features & Events

By Scott Disavino and Curtis Williams BP and Shell imported LNG from Trinidad amid U.S. winter storm Spot gas prices hit all-time highs due to increased demand and frozen wells Elba Island and Cove Point received unusual LNG imports for high-price opportunity HOUSTON/NEW YORK, Jan 28 (Reuters) – Several liquefied natural gas companies took the ...

US LNG plants imported cargoes during winter storm as natural gas prices hit records