US marketers struggle to secure gas storage as LNG demand extends contract terms

Booming demand from US LNG terminals is driving up prices and contract lengths for natural gas storage, squeezing out marketers. In the first storage “supercycle,” demand came from “from marketers and traders taking advantage of intrinsic and extrinsic value,” said Amol Wayangankar, founder of Enkon Energy Advisors, Feb. 18 at the Enkon natural gas storage ...