# North America Gas: Could LNG Project Delays Dampen Prices Further? | Wood Mackenzie

> Near-record April and May storage injections driven by mild weather have pressured Henry Hub prices, though a price floor may have formed. Wood Mackenzie cut its 2019 US LNG feedgas forecast by about 0.2 bcfd and its 2020 forecast by about 0.5 bcfd because of train delays at Cameron and Freeport. A Sempra and Saudi Aramco deal for Port Arthur LNG could help advance that project toward a final investment decision.

- Date: 2019-05-28 · published 2019-05-28T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/59269-north-america-gas-could-lng-project-delays-dampen-prices-further-wood-mackenzie
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Delayed LNG export trains reduce demand for US gas, which weighs on Henry Hub prices. Large storage builds add further bearish pressure unless summer heat lifts demand.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2019-02-08 | [US LNG exports affected by Gulf Coast fog as milder weather moderates natural gas prices](https://feedsoft.ai/events/60785-us-lng-exports-affected-by-gulf-coast-fog-as-milder-weather-moderates-natural.md) | +0.2% | +11.5% |
| NATGAS | 2025-01-21 | [It’s so cold that US natural-gas prices are... falling? - Sherwood News](https://feedsoft.ai/events/6347-it-s-so-cold-that-us-natural-gas-prices-are-falling-sherwood-news.md) | -40.6% | -18.8% |
| NATGAS | 2026-07-10 | [Natural-Gas Prices Sink as Texas LNG Terminal Closes for Maintenance](https://feedsoft.ai/events/8662-natural-gas-prices-sink-as-texas-lng-terminal-closes-for-maintenance.md) | -8.0% | -15.2% |
| NATGAS | 2022-06-14 | [Natural Gas Prices Blunted By LNG Demand Loss But Fundamentals Remain Tight](https://feedsoft.ai/events/6805-natural-gas-prices-blunted-by-lng-demand-loss-but-fundamentals-remain-tight.md) | -23.8% | -24.1% |
| NATGAS | 2022-06-14 | [Natural-Gas Prices Plunge After Extended Outage at Texas LNG Facility](https://feedsoft.ai/events/6800-natural-gas-prices-plunge-after-extended-outage-at-texas-lng-facility.md) | -23.8% | -24.1% |

## Sources

- woodmac.com: https://www.woodmac.com/news/editorial/nags-lng-project-delays/

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