LNG

Weaker arbitrage opportunities for LNG emerged recently, due to a narrowed price spread between the Asian and European markets, prompting some cargoes originally destined for Asia to be diverted towards Europe.

Platts, part of S&P Global Commodity Insights, assessed the DES Northwest European marker for November at $12.851 per MMBtu on 7^th October, down around 0.12% on the day, while JKM was assessed at $13.225 per MMBtu. 

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