May 13 (LNGJ) - Asian LNG spot prices in the form of the Japan-Korea Marker from Platts are showing signs of partial recovery with the June cargoes edging higher to $2.115 per million British thermal units and July cargoes at $2.450 per MMBtu. The all-time JKM low was recently under $2.00 per MMBtu and traders may be heartened by the October JKM moving above $3.000 per MMBtu level and December 2020 being at $4.235 per MMBtu.
Among LNG carriers heading for Asia with deliveries are the 217,000 cubic metres capacity Q-Flex carrier “Al Kharsaah”, scheduled to deliver a contract shipment on May 15 to the Thai import terminal at Map Ta Phut. The 173,400 cubic metres capacity vessel “Woodside Rees Withers” was due to arrive on May 18 at the Pyeongtaek terminal in South Korea with a shipment from Wheatstone LNG in Western Australia. The 165,000 cubic metres capacity carrier “Diamond Gas Orchid” is scheduled to discharge a US cargo on May 25 at the Shimizu Sodeshi import terminal in Japan from Cameron LNG in Louisiana.
