yeah, good question! There is a lag on US LNG lifting decisions--you have to decide whether or not to take your cargoes by something like the 5th or 10th of the prior month. So, a price spike over the weekend doesn't affect lifting decisions (although if the LNG developer is smart, they will resell the gas and fulfill their LNG commitments by drawing down storage). So, short answer, probably some immediate effect, limited by what the LNG developer has in storage, and a bigger impact over a 45-60 day window if US prices are sustained high that long.
yeah, good question! There is a lag on US LNG lifting decisions--you have to decide whether or not to take your cargoes by something like the 5th or 10th of the prior month. So, a price spike over the weekend doesn't affect lifting decisions (although if the LNG developer is smart, they will resell the gas and fulfill their LNG commitments by drawing down storage). So, short answer, probably some immediate effect, limited by what the LNG developer has in storage, and a bigger impact over a 45-60 day window if US prices are sustained high that long.