LNG

Hurricane Ida has made landfall in the US LNG hub state of Louisiana and came ashore as a Category 4 storm at Port Fourchon, a seaport with significant oil and natural gas industry offshore vessel supply traffic for Gulf of Mexico oil and platforms and drilling rigs.

US LNG exports are expected to take a week or so to reach the levels prior to Hurricane Laura hitting the Gulf Coast as the Sabine Pass and Cameron plants in Louisiana considered their reopening processes after operations were temporarily suspended with controlled shutdowns.