# Weak Demand Forces Buyers To Cancel U.S. LNG Cargoes | OilPrice.com

> Buyers are cancelling U.S. LNG cargoes for September loading, with estimates of 15 to 26 cancellations, after roughly 45 were cancelled for August. U.S. LNG exports have fallen more than 50% this year to an expected 3.2 Bcf/d in July.

- Date: 2020-07-21 · published 2020-07-21T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/52292-weak-demand-forces-buyers-to-cancel-u-s-lng-cargoes-oilprice-com
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower LNG export demand leaves more US gas in domestic supply, pressuring Henry Hub prices and reducing energy-linked costs for feed processing.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-06-22 | [Buyers of US LNG to cancel 40-45 cargoes for August loading - Markets - Business Recorder](https://feedsoft.ai/events/52799-buyers-of-us-lng-to-cancel-40-45-cargoes-for-august-loading-markets-business.md) | -7.6% | +6.2% |
| NATGAS | 2020-03-09 | [Force majeure notices from Chinese LNG buyers: prelude to a renegotiation? - Oxford Institute for Energy Studies](https://feedsoft.ai/events/54318-force-majeure-notices-from-chinese-lng-buyers-prelude-to-a-renegotiation-oxford.md) | +9.8% | -10.1% |
| NATGAS | 2019-12-05 | [Natural Gas Set To Fall Even Further \| OilPrice.com](https://feedsoft.ai/events/55768-natural-gas-set-to-fall-even-further-oilprice-com.md) | -6.3% | -13.2% |
| NATGAS | 2021-09-01 | [China's LNG import surge to cool in winter as high prices bite](https://feedsoft.ai/events/45735-china-s-lng-import-surge-to-cool-in-winter-as-high-prices-bite.md) | +9.9% | +28.7% |
| NATGAS | 2020-03-10 | [US LNG developers try to ride out market turmoil with China's door shut \| S&P Global](https://feedsoft.ai/events/54313-us-lng-developers-try-to-ride-out-market-turmoil-with-china-s-door-shut-s-and-p.md) | +5.3% | -4.2% |

## Sources

- oilprice.com: https://oilprice.com/Energy/Natural-Gas/Weak-Demand-Forces-Buyers-To-Cancel-US-LNG-Cargoes.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.