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Pessimism spreads in US LNG sector as coronavirus exacerbates market woes
Pessimism spreads in US LNG sector as coronavirus exacerbates market woes
ratings:
Length:
11 minutes
Released:
Mar 17, 2020
Format:
Podcast episode
Description
US LNG developers face challenges advancing any new export projects this year amid the escalating coronavirus outbreak, which has exacerbated the drop in global demand that has already led to record-low prices in Asia. Decision makers are lamenting that for the foreseeable future China’s door appears to be shut to US LNG, and that has put the sector in hunker-down mode as participants try to ride out the turmoil. S&P Global Platts senior natural gas writer Harry Weber and senior digital editor Jason Lindquist discuss the challenges ahead.
Released:
Mar 17, 2020
Format:
Podcast episode
Titles in the series (100)
Ignore the warm, US natural gas prices will reignite: The NYMEX gas futures market sees cold next week and next-day cash prices retreat only a bit, despite warmer temperatures this week. Plus, a steel company found an unusual way to hedge its gas costs – pair up with a driller. Platts editors Valarie Jacks by Commodities Focus