Shipments of US LNG to Asia to soar after summer maintenance season

Sunday, 06 June 2021

Asia’s LNG demand is “loose” this summer, except for China where a rebounding economy has pushed up imports to 2.5 million tons. Analysts anticipate the JKM–TTF spread on the curve will remain in the range of $1.09-1.17 per MMBtu between June and September – enough to incentivise cross-basin spot US LNG cargoes via the Panama Canal.

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