A market hungry for US LNG amid price concerns

Companies are queuing up for potential US LNG exports, but domestic consumers are worried about the impact on Henry Hub gas prices

Two more deals to secure US liquefied natural gas (LNG) production have been signed in recent days, pushing forward the case to green-light export projects. But lingering concerns remain over the effect on domestic gas prices. South Korea’s Kogas signed a 20-year agreement to buy 3.5 million tonnes a year (t/y) from train three of Cheniere’s Sabine Pass export project on 30 January. And on 27 January, BG Group increased its offtake commitment to 5.5 million t/y, from 3.5 million t/y, when Sabine Pass’s trains two, three and four are commissioned. "Kogas is our fourth foundation customer and we have now sold 16 million t/y of the 18 million t/y [of export capacity] being developed at Sabine P