Financial firm LSEG forecast average gas demand in the Lower 48, including exports, falling from 113 bcfd this week to 108 bcfd next week. It also estimated 235 cooling degree days over the next two weeks, down from 239 estimated on Monday. CDDs, used to estimate demand to cool homes and businesses, measure the number of degrees a day’s average temperature is above 65 degrees Fahrenheit (18.3 degrees Celsius).
Meanwhile, Shell-led LNG Canada is experiencing technical problems as it ramps up production at its liquefied natural gas plant at Kitimat, British Columbia, with one LNG tanker diverting away from the facility without the superchilled fuel in recent days, according to four sources and LSEG ship tracking data.