The ramp-up of Nigeria LNG (NLNG) Train 6, confirmed to have been under way since April, and the anticipated loading of a first Qatargas 2 cargo as soon as December could provide a modest boost in US LNG intake still lingering below 1 billion cubic feet per day (7.7 million tons per year). But it probably isn't enough to relieve global tightness that looks set to bring record-high spot LNG prices this winter (WGI Aug.13,p6). With US gas prices still much below international levels, Goldman Sachs has lowered its US LNG import forecast for now through March by 390 million cubic feet per day to 1.1 Bcf/d. JPMorgan estimates August imports at only 56% of the five-year average and 38% of last August's rate.
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