Americas Trade

July 2017

An oversupplied global LNG market will remain a challenge for US exporters of the fuel.

The US relies heavily on the spot market to commercialise its LNG. Cargoes are traded either directly on the spot market by Cheniere’s marketing branch, or by portfolio players such as Shell that take LNG from the Sabine Pass plant under long-term contracts and sell it to end-users on a spot basis. 

However, US LNG is facing tough competition in the Asian market from Australian cargoes, most of which are traded under...

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