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.

US liquefied natural gas exports decreased to six vessels in the past week because of hurricane disruption, though this was offset by higher natural gas and LNG indicators in Europe and Asia to help move future cargoes into profitable territory.