23 December 2022 | Other

Winter storm in US may disrupt LNG Exports

An Arctic blast surging across the US may complicate exports of liquefied natural gas (LNG) from the Gulf Coast, exacerbating turmoil in the energy system. 

The extreme weather is likely to continue for several days. It’s a well-known fact that the US became the world's largest exporter of LNG and Europe's most important LNG supplier, so supply chain chaos may hit many countries. 

Moran Shipping warns that severe cold sweeps and cold temperatures through December 26 may cause delays or complete suspension of pilot operations in Texas. That is exactly where Sabine Pass facility, the US largest receiving and regasifying LNG terminal, is located. 

Employees for the port of Corpus Christi that are in charge of docking vessels in the southern Texas region, suspended operations due to the harsh weather conditions. It may affect how ships will get to the LNG export terminals. 

Cheniere Energy Inc., which owns and operates the Sabine Pass and Corpus Christi terminals, noted that it was prepared for changing weather. 

Company MarketCheese
Period: 07.08.2026 Expectation: 770 pips
GBPUSD sharp rally gives way to correction
Today at 06:00 AM 1
Period: 06.08.2026 Expectation: 800 pips
Selling S&P 500 Index with 7,250 target amid rising bearish pressure
Yesterday at 11:31 AM 32
Period: 31.08.2026 Expectation: 1500 pips
EURUSD sell-off targets 1.1300
Yesterday at 11:14 AM 34
Brent neutral
Period: 31.08.2026 Expectation: 250 pips
Go long on Brent crude with $95 in sight
Yesterday at 11:14 AM 30
Period: 30.08.2026 Expectation: 1500 pips
Invest in USDJPY up to 165.00
Yesterday at 09:33 AM 21
Gold buy
Period: 06.08.2026 Expectation: 160 pips
Invest in gold as Fed keeps rates unchanged
Yesterday at 08:24 AM 37
Go to forecasts