LNG Journal LNG price at $16.25

Written by  John McKay
Friday, 11 October 2013
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Oct 11 (LNGJ) - The LNG Journal East Asian Delivered LNG Indicator price rose to its highest since the last Northern Hemisphere winter, reaching $16.25 per million British thermal units as crude oil prices soared. European natural gas prices were also rising, with the UK price now over $11 per MMBtu, giving a basic differential between the Asian and European markets of around $5.25 per MMBtu.

Last modified on Friday, 11 October 2013 05:23
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