LNG cargo liftings maintain momentum and North Asia spot prices increase on week for June and July
Cargo liftings of liquefied natural gas are maintaining their momentum through the week to April 11 and spot cargo prices for North Asia increased for June and July compared with last week while European gas values were flat.
LNG cargo liftings stay firm as Asia spot rises and UK natural gas supplies surge as wind power plummets
Cargo liftings at global liquefaction plants stayed over the 100 level as North Asia spot prices increased along with US Gulf Coast futures, while pipeline and LNG supplies to the UK natural gas market jumped and available wind power plummeted.
LNG liftings rise worldwide while Asia spot prices weaken along with European and US benchmarks
LNG cargo liftings were higher worldwide for a second straight week even as North Asia spot LNG prices dropped for January and February deliveries, while staying around the $6.200 per million British thermal units level as European and US natural gas benchmarks retreated amid Covid-19 shutdowns.
Japanese spot LNG prices recover though are still down on contracted and delivered shipments last year
Japanese spot LNG cargo prices for September recovered after a plunge in the previous month and were contracted at $4.50 per million British thermal units, though were still down on the same month a year ago.
LNG cargo prices surge 12 percent with North Asian deliveries hitting $6.00 per MMBtu level
Singapore LNG spot cargo prices surged by 12 percent in the past week as trading picked up and North Asian shipments for the second half of November were quoted at US$6.000 per million British thermal units.
