LNG

Liftings of liquefied natural gas cargoes were buoyant during December with 438 shipments departing so far from liquefaction plants worldwide as North Sea Brent crude stayed firm, raising long-term LNG values, while North Asia spot prices were at just over $11.00 per million British thermal units for February deliveries.

LNG cargo liftings were higher worldwide for a third straight week and North Asia spot LNG prices increased for January and February deliveries, but fell just short of the $7.000 per million British thermal units level before moving higher at the close.