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U.S. LNG Imports Nosedive in Jan

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U.S. imports of liquefied natural gas in January slid 60.8% from a year earlier, according to the U.S. Department of Energy data.

LNG imports by U.S. were at 338,297 mt in January.

Most of the LNG supplies in January were shipped from Trinidad and Tobago (four cargoes), while Qatar and Yemen shipped one cargo each.

U.S. imports have been declining steadily as shippers send LNG to higher-paying markets in Europe and Asia.

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