RE:RE:Alberta N Gas Pricesllerrad5 wrote: I don't see a freeze at the TX LNG terminals with this freeze but I do think there will be a freeze there in Feb.
What will that do to NG prices??
Shipping is restricted to Europe.
Is that more for the USA???
It can't help Europe and that could drive prices higher.
LNG is produced at minus 161.5 degrees celsius.So feedgas is kept extremely dry. Nat gas supplies really only freeze if there is moisture as is the case at well bores etc.
The dynamics of the off shore LNG trade are very complex , but sentiment is that LNG will remain a favoured product over the next decade even though North American production capabilities are scheduled to double from 14 BCF per day to 28 BCF per day over that time frame