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Sempra Energy signed a memorandum of understanding with Mitsui for Phase II of the Cameron LNG project in Louisiana and a future expansion of the Energia Costa Azul facility in Mexico. The EIA reports US natural gas exports doubled year over year in the first half of 2019, driven by LNG and pipeline flows to Mexico.
Growing LNG export capacity adds demand for US gas, which supports domestic prices over time. The effect is gradual and mainly affects longer-term balances rather than near-term prices.
industrialinfo.comIIR EnergyOct 29, 2019After 59 past bullish trade events, Natural Gas moved a median +1.3% over 5 sessions (61% higher; middle half -2.7% to +10.6%), and +8.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
