US LNG arbitrage to Asia falls as JKM-TTF spread narrows

Wednesday, 14 January 2026

The arbitrage for shipping US LNG cargoes to Northeast Asia has fallen to –$0.2/MMBtu, the lowest level since February 2025 – even though Atlantic freight rates have declined by more than $70,000 per day over the past month, a move that would typically bolster Asia-bound LNG shipping.


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Last modified on Wednesday, 14 January 2026 08:12
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