echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > International Chemical > Where is U.S. natural gas going?

    Where is U.S. natural gas going?

    • Last Update: 2022-09-30
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Friday, gas closed at $6.


    U.


    The United States natural gas production reached a new high, and the United States natural gas production reached a new high

    U.


    The latest EIA data shows that U.


    EIA announced that in the week ending Sept.


    Both demand and exports fell

    Both demand and exports have fallen Demand and exports have both declined

    Early last week, mild weather swept across the U.


    The U.


    With more liquefaction lines at Venture Global LNG's Calcasieu Pass export facility in Louisiana coming into operation (the Calcasieu Pass unit will begin trial operation in September, it will typically take 2 to 3 months to stabilize commercial output, and it is expected to be officially operational until early 2023), the liquefaction processing capacity in the United States is expected to increase by 790 million cubic feet per day, with very limited
    growth 。 But the upcoming maintenance at the Cove Point LNG export facility in Maryland would cost 760 million cubic feet per day (about 5.


    To make matters worse, NatGasWeather expects tropical storms in the Caribbean to affect demand
    in the coming days.


    Institutions are bearish on U.


    Institutions are bearish on U.


    Goldman Sachs analysts said it expects near-term measures to support LNG imports in Europe to rely on the redistribution
    of existing supplies.


    In the absence of a significant increase in export capacity, the rapid rise in U.


    EIA and many other institutions predict that the spot price of Henry Hub natural gas in the United States will fall in the second half of 2022, falling to $6/million British fever, falling below $5 in the first quarter of 2023, and then at the price level
    between $4 and $4.


    Author: Zhao Jun, editorial board member of China Petroleum and Chemical Industry Magazine

    Author: Zhao Jun, editorial board member of China Petroleum and Chemical Industry Magazine
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.