LNG

Nov 16 (LNGJ) - US natural gas in storage has reached record levels ahead of the start of large-scale LNG exports. The Energy Information Administration said that working natural gas in storage hit a weekly record of 3,978 billion cubic feet. This level surpassed the previous weekly record of 3,929 Bcf set on November 2, 2012, and then matched on October 30 of this year. "Inventory builds have been strong throughout the summer, with net injections surpassing the five-year average during most weeks," the EIA said.