LNG

Liquefied natural gas prices increased in Europe as spot values for North Asia eased slightly while cargo liftings began to decline at Atlantic and Pacific Basin export plants and confusion reigned in oil markets where signals were conflicting.

Prices of liquefied natural rose across the board with records set for North Asian spot cargoes as well as for the Dutch and UK benchmarks as cargoes deliveries increased but not at sufficient levels to alleviate global shortages.