LNG

US LNG shipments declined in the past week and pipeline natural gas exports to Mexico rose as domestic net injections into storage continued to increase and the Henry Hub benchmark spot price was 32 percent lower so far in May compared with year-ago levels.

The US export project, Texas LNG Brownsville, was authorized by the  Department of Energy to export US-sourced natural gas to any country with which the US has not entered into a Free Trade Agreement.