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: 11.10.2026 Expectation: 3200 pips
Going short on AUDUSD ahead of US Fed meeting
11 September 2026 48
Period: 30.09.2026 Expectation: 2000 pips
SPX sell-off targets $7,400
11 September 2026 37
Period: 25.09.2026 Expectation: 2800 pips
Buying Tesla stock with $390 in view
11 September 2026 60
Period: 10.10.2026 Expectation: 2500 pips
Buy AUDCAD upon breaking 1.00000
10 September 2026 44
Period: 24.10.2026 Expectation: 8500 pips
Invest in ETHUSD with $2,565 target
10 September 2026 49
Period: 23.09.2026 Expectation: 2500 pips
NVIDIA sell-off targets $200
09 September 2026 89
Go to forecasts