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: 22.06.2026 Expectation: 1140 pips
Invest in AUDCAD with 0.99500 in sight
Today at 11:23 AM 2
Period: 29.05.2026 Expectation: 675 pips
Brent crude maintains upside potential despite sellers’ resistance
Today at 11:01 AM 4
Period: 29.05.2026 Expectation: 585 pips
USDCAD gets support from resilient American economy
Today at 09:32 AM 10
Period: 22.06.2026 Expectation: 4300 pips
Selling GBPUSD amid UK political crisis
Today at 09:27 AM 13
Period: 22.05.2026 Expectation: 1700 pips
Go short on EURUSD as dollar gains strength
Today at 09:24 AM 11
Period: 28.05.2026 Expectation: 2500 pips
USDJPY sell-off targets 156.50 amid weakening upward momentum
Yesterday at 10:19 AM 29
Go to forecasts