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: 31.12.2026 Expectation: 13000 pips
Invest in silver up to $75.00
Today at 06:46 AM 3
Brent sell
Period: 31.08.2026 Expectation: 750 pips
Brent crude sell-off targets $71.10 per barrel
Today at 06:46 AM 3
Period: 05.09.2026 Expectation: 2300 pips
Buying NVIDIA amid strong computing demand
Yesterday at 08:55 AM 49
Gold buy
Period: 31.12.2026 Expectation: 4600 pips
Go long on gold with $4,500 in view
Yesterday at 06:28 AM 66
Period: 31.10.2026 Expectation: 1100 pips
Invest in SPX from $7,530
Yesterday at 06:28 AM 25
Period: 05.09.2026 Expectation: 550 pips
Invest in USDCAD with 1.41250 target
Yesterday at 06:17 AM 37
Go to forecasts