LNG in World Markets Mid Month: Spot Prices Rise as Summer Buying Emerges
LNG in World Markets – Mid Month
Asian and European spot LNG and gas prices remain supported by incremental summer demand and recent Russian gas supply disruptions in Europe.
JKM prices have remained low-$20s/MMBtu while the Dutch TTF benchmark is around high $20s/MMBtu. Spot cargoes delivering into western Europe continue to trade at substantial TTF discounts between $5 and $10/MMBtu, depending on the counterparties’ positions.
To read the full article, click here.