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: 07.09.2026 Expectation: 3000 pips
Selling GBPUSD on dollar's fundamental edge
07 August 2026 35
Period: 14.08.2026 Expectation: 600 pips
Go long on EURUSD on weak US jobs data
07 August 2026 39
Period: 14.08.2026 Expectation: 600 pips
Invest in Brent crude with $88.50 target
07 August 2026 33
Period: 06.09.2026 Expectation: 6000 pips
Buy USDJPY with 164.00 in view
06 August 2026 59
Period: 06.09.2026 Expectation: 200 pips
Go short on ETHUSD with $1,700 target
06 August 2026 44
Period: 31.12.2026 Expectation: 13000 pips
Invest in silver up to $75.00
06 August 2026 47
Go to forecasts