Natural Gas Intel: Natural Gas Futures Fall as Market Gears Up for ‘Dramatic’ Storage Injections in May

April 30, 3030

As for LNG demand, more than 20 cargoes reportedly have been canceled for June, sending U.S. LNG export terminal utilization down by as much as 40%, according to Poten & Partners. Even worse, the firm sees cancellations extending through September and said globally, more are needed, probably to the tune of 30-40 cargoes per month through October.

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