LNG

S&P Global Platts, the London-based subsidiary of US ratings agency S&P Global and a provider of energy and commodities pricing information and assessments, has launched a new product linked to the Japan-Korea Marker (JKM) spot LNG price.

Spot LNG cargo prices sprung into life after weeks of drift with December averages for North Asia breaking the $6.800 per million British thermal units level and with January 2020 shipments to China, Korea and Japan priced at around US$7.250 per MMBtu.