The US Commodity Futures Trading Commission (CFTC) issued a report assessing the market impacts due to the US transitioning from being a net importer to a net exporter of LNG in 2016.
The three main takeaways of this report are:
- Global LNG trade growth is expected to continue with US LNG exports having the most rapid growth rate and a competitive price advantage.
- US LNG export growth may put upward pressure on US natural gas prices and expose a heretofore relatively isolated North American market to global market dynamics.
- Burgeoning US LNG exports are affecting global LNG market dynamics, including contracting and risk management practices in CFTC regulated markets.
Read the article online at: https://www.lngindustry.com/floating-lng/17052018/cftc-releases-report-on-lng-markets/