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Our May chart of the month looks at what’s behind the US Gulf Coast LNG contract pricing dynamics.

We last looked at the US Gulf Coast LNG price marker in our April 2020 report. A year later, market dynamics could not be more different. USGC prices are now far above US LNG shut-in levels, and export trains are producing at or near full capacity. In this issue, learn how market dynamics have caused the shift in pricing.