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US to be top contributor to LNG supply's summer growth

The US is expected to account for 38.5 million of the 47.4 million short tons per year in global liquefied natural gas supply growth projected this summer, according to analysts at Goldman Sachs Commodities Research. The domestic LNG market appears to have stabilized after a period of volatility, with feed gas demand averaging 11.6 billion cubic feet per day over the past two weeks, which is 2.7 Bcf/d higher than a year ago, the analysts said.

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