BMI View: We have upgraded our net LNG export forecasts to reflect capacity coming online from the Freeport and Lake Charles LNG terminals, the two latest ones approved for non-FTA exports, which opens up the European and north Asian markets. We anticipate that more liquefied natural gas (LNG) export projects will be approved in the coming months. We note a strong upside risk to our forecasts stemming from the nineteen applications under review by the government (DoE) for non-FTA LNG exports. Natural gas consumption surged in the first three months of the year during snowstorm Nemo in the Northeast. However, …
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