John Fredriksen’s Flex LNG is forecasting a slowdown in the number of US LNG cargo cancellations from September.

Speaking in a short notice webinar Flex chief executive Oystein Kalleklev said the market has seen around 130 LNG cargoes cancelled in the period from April to August.

Kalleklev said the next US cargoes coming up for cancellations are those for September which their buyers have a deadline to declare on by 20 July.