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Infinity Energy Resources Inc. Message Board

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  • irthling_observer irthling_observer Mar 8, 2007 1:08 PM Flag

    Macro Update

    LNG Imports on the Rise: LNG imports continue to pick up given the fading European winter and related collapse in Europe natural gas prices. Over the past 5 days, "sendouts" from LNG facilities have been about 2.1 Bcf/d up from 1.2 Bcf/d the week before and well above those seen in January (1.5 Bcf/d) and December (1.3 Bcf/d) (see Exhibits 1 and 2).
    Actual import data is more difficult to track so we look at sendouts (pipeline outflows) from LNG storage facilities as a proxy. We gather this data from the electronic bulletin boards. Rising LNG is a bearish nearterm factor for gas markets...

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