Winter freeze cut US LNG output in January; imports from Trinidad helped fill gap

US LNG exports fell in January to 11.3 million metric tonnes, down from December's record of 11.5 MT, as a late-month winter freeze shut some plants and reduced output at others. Spot gas prices hit all-time highs in several US regions in the last week of January while output dropped to a two-year low.

LNG companies sent cargoes to several East Coast and Canadian terminals to take advantage of the high prices.