U.S. natural gas storage rose by 96 Bcf to 2,898 Bcf for the week ending June 20, 2025, marking the tenth consecutive above-average injection. Strong production and reduced LNG exports pressured futures to a five-week low near $3.42/MMBtu, despite continued hot weather forecasts.
Cheniere Energy has approved a major expansion of its Corpus Christi LNG terminal, boosting U.S. liquefied natural gas capacity to meet surging global demand. The move solidifies America’s role in the energy transition and LNG export market.
LNG Canada has successfully produced its first liquefied natural gas at Kitimat—an important production milestone that comes just ahead of the planned first export shipment. Scheduled to load around June 29 aboard the Gaslog Glasgow, the terminal is now finalizing its transition from production to export.
U.S. natural gas storage rose by 95 Bcf for the week ending June 13, 2025, bringing total inventories to 2,802 Bcf. While smaller than recent builds, the injection still exceeded historical averages. With hotter-than-normal weather and recovering LNG exports driving demand, prices climbed to a three-month high. Supply and storage dynamics remain in focus as summer heat intensifies.
U.S. natural gas prices fell over 2% to $3.62/MMBtu after the EIA reported a larger-than-expected storage build of 122 Bcf for the week ending May 30. This marks the seventh straight week of above-average injections, pushing inventories 4.7% above the five-year average and signaling shifting supply-demand dynamics in the energy market.
