LNG

US LNG exports plunged to their lowest weekly level since December 2016 as only four cargoes departed from the five main US export plant compared with seven shipments a week ago as current US and global natural gas and LNG values blunted the sector’s recovery.

Freeport LNG, the latest US export plant to come on stream at Quintana Island on the US Gulf coast of Texas, said it planned to launch its own LNG cargo sales windows with trading platform provider, Redwood Marketplace.