European LNG benchmark declines but is still $39 per MMBtu higher than last summer amid Russia gas threat

Friday, 15 July 2022

Europe’s benchmark natural gas and LNG cargo prices lost some ground on the week but were still over $39 per MMBtu higher than last summer before the Russian gas supply crisis and remained $12 per MMBtu ahead of North Asia spot cargo valuations as liftings from global liquefaction and export plants increased.

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