# Weak market fundamentals overseas not curbing US LNG export enthusiasm | S&P Global

> US LNG liquefaction plants are running near record feedgas levels of about 9.3 Bcf/d despite record-low Asian LNG prices. JKM for March fell to $3.512/MMBtu, the lowest since assessments began in 2009, and US Gulf Coast netbacks dipped below zero.

- Date: 2020-02-03 · published 2020-02-03T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/54769-weak-market-fundamentals-overseas-not-curbing-us-lng-export-enthusiasm-s-and-p
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Strong US LNG export flows show that gas demand remains firm even with a global price slump, which limits downside in US gas prices. Feed costs are only indirectly affected.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2025-10-27 | [Rising U.S. Exports Keeping a Lid on Global Natural Gas Prices — LNG Recap](https://feedsoft.ai/events/22582-rising-u-s-exports-keeping-a-lid-on-global-natural-gas-prices-lng-recap.md) | +17.8% | +33.5% |
| NATGAS | 2019-12-03 | [More Volatility Expected in U.S. Natural Gas Market as LNG Exports Grow](https://feedsoft.ai/events/55769-more-volatility-expected-in-u-s-natural-gas-market-as-lng-exports-grow.md) | -4.7% | -7.4% |
| NATGAS | 2024-12-02 | [US LNG exports to Europe surge in November on higher prices](https://feedsoft.ai/events/27146-us-lng-exports-to-europe-surge-in-november-on-higher-prices.md) | -12.6% | +8.2% |
| NATGAS | 2017-05-12 | [Trapped Canadian natural gas producers find a way to reach LNG markets – via the U.S. - Financial Post](https://feedsoft.ai/events/71207-trapped-canadian-natural-gas-producers-find-a-way-to-reach-lng-markets-via-the.md) | -4.4% | -9.0% |
| NATGAS | 2022-07-24 | [Global Factors at Play in the Nitrogen Market \| Red River Farm Network](https://feedsoft.ai/events/40805-global-factors-at-play-in-the-nitrogen-market-red-river-farm-network.md) | +0.1% | +11.6% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/020320-weak-market-fundamentals-overseas-not-curbing-us-lng-export-enthusiasm

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