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The Platts US Gulf Coast Marker (GCM) for cargoes loading 30 to 60 days forward was assessed at $20.25/MMBtu on May 10, 5 cents lower week on week, keeping Northwest Europe as the best netback. The GCM continued to track the Northwest Europe marker during the week of May 3-10 at levels from $20.300/MMBtu on ...
Northwest Europe-delivered LNG’s premium to the Asia spot price is widening again as Chinese sell tenders issued at a time of weaker-than-normal winter demand have exacerbated bearish cargo sentiment in the Pacific. The market dynamics could change after the Chinese New Year begins Feb. 1, traders said. Also, colder weather or significant supply disruptions could ...
Brazil was No. 1 buyer of US LNG for the third month in a row in October amid severe drought that has drained its hydroelectric resources, while Spain was a close second as pipeline gas supplies faced constraints, S&P Global Platts Analytics data showed. The shifting trade flows came as prices in traditional end-user markets ...
Freeport LNG will reduce the number of loadings at the 15 million mt/year capacity liquefaction facility through up to early November due to a planned maintenance outage on a segment of pipeline that feeds gas to the Texas terminal, a person familiar with the decision said Oct. 22. North to south capacity on a segment ...