In recent months, cargoes of US LNG have been cancelled in record numbers as countries around the world struggle with the virus-related economic slump. After exports surged by nearly 60% y/y in the first half of 2020, we expect their subsequent collapse to cap growth at 25% for the year as a whole. As a result, exports should end the year well below the planned increase in total US capacity.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.