LNG

LNG spot cargo prices were flat over the past week with mostly higher quotes reserved for December volumes peaking to an average of at least $6.250 per million British thermal units for shipments to southeast Asia and North Asia.

Singapore LNG spot forward cargo prices jumped by as much as 25 percent in the past week as demand improved in Asia and December quotes appeared for shipments for China and South Korea at US$6.650 per million British thermal units.

Singapore LNG spot cargo prices for China, Japan and South Korea declined by up to US$0.28 per million British thermal units, or 5.9 percent, from North Asia to the Middle East and India.