US LNG exports disrupted as producers capitalize on domestic price spike

The surge in US natural gas prices has prompted several tolling contract offtakers to cancel US LNG export volumes, choosing instead to sell into the higher-priced domestic market as spot values skyrocketed. US NYMEX February Henry Hub futures reached $6.954/million British thermal units on Jan. 27, driven by a cold snap and upstream production freeze-offs. But Henry Hub cash prices soared evenThe surge in US natural gas prices has prompted several tolling contract offtakers to cancel US LNG export volumes, choosing instead to sell into the higher-priced domestic market as spot values skyrocketed. US NYMEX February Henry Hub futures reached $6.954/million British thermal units on Jan. 27, driven by a cold snap and upstream production freeze-offs. But Henry Hub cash prices soared evenRead More