LNG

The liquefied natural gas market continued to display seasonally high prices for shipments to China, Japan and South Korea as cargo liftings stayed above 100, while European benchmark LNG values slipped after previously hitting 2021 highs.

Demand for liquefied natural gas cargoes continued at a high seasonal level as liftings increase this week along with prices at all points, including North Asia spot volumes, Indian delivered cargoes, US Gulf Coast futures and Dutch and UK European gas values.