LNG

European natural gas prices and US Gulf Coast last day futures for free-on-board cargoes from Louisiana and Texas increased for a second day after the Iranian drone and missile attacks on Israel brought more uncertainty and volatility into oil and gas markets.

Asian and European natural gas and LNG cargo market prices remain strong as liftings from global export plants declined slightly this week which is a year after the tremors began that led to the price explosion on perceived future natural gas shortages that proved correct.