LNG

European and Asian liquefied natural gas prices fell over the past week with the Dutch Title Transfer Facility benchmark declining by over 7 percent as European Union storage levels hit 100 percent and energy security concerns waned with cargo deliveries gathering pace and seasonal temperatures prevailed.

Around 104 LNG shipments were being lifted this week versus 102 last week at global liquefaction plants as the US saw 16 cargoes departing from its facilities and the North Asia spot LNG price moved closer to the $7.00 mark for December shipments.