Feedgas Flowing to Cove Point LNG Slipped on Cold Wx, Back Now

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LNG exports have become an important (even critical) part of the natural gas sector in the U.S. Feedgas flowing to LNG facilities is closely watched by many people, including traders and industry analysts. As we pointed out yesterday, lower feedgas flows to a single LNG facility can lower the NYMEX natural gas futures price (see NYMEX Gas Price Slips Due to Lower Feedgas to Freeport LNG). Little did we know, but feedgas flowing to the Cove Point LNG facility along the shoreline of Maryland dropped early last week due to cold weather. It has since rebounded.

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