US LNG WEEKLY: Commercial momentum continues for new liquefaction projects

US LNG export terminal developers continued to gain momentum for new projects during the week ended May 17. FOB Gulf Coast cargo values gained week-on-week, after six straight weeks of declines. Utilization at major liquefaction terminals was down week-on-week amid ongoing shoulder-season maintenance, though it still remained robust as demand for US supplies in Europe continued amid Russia’s ongoing war…