Nat Gas Intelligence - May 6“Surging demand, underscored by seasonal peaks in power demand, record LNG and Mexico exports, and a robust domestic economy — all set against flat production — create growing fundamental imbalances,” Weissman said. “I think the general view is that we are seeing little to no cancellations, and forward spreads continue to suggest full dispatch of U.S. LNG this summer,” Li said. “Our model suggests 11-12 Bcf/d feed gas demand this summer.”
U.S. pipeline exports to Mexico also are near record levels – regularly approaching 7 Bcf/d. “This summer, overall pipeline exports will be nearly 0.8 Bcf/d higher year-on-year,” Li estimated.