LNG

The US government forecasts liquefied natural gas exports will increase by 14 percent in 2023 and as a result of less-than-expected natural gas consumption the nation will close the withdrawal season at the end of March with very high inventories.

The US Government forecasts a rise in natural gas prices as a result of both higher winter demand and rising LNG exports while the Freeport LNG plant was seen ramping-up in the coming months to reach full capacity by March 2023 after going on stream later.