LNG

Singapore LNG cargo indices slipped for late December and early January as regional demand ebbed in Asia and prices dropped below US$11.000 per million British thermal units for the first time for Chinese winter season cargoes as February quotations also made an appearance.

Singapore LNG cargo indices for October increased to be over US$11.20 per million British thermal units and as high as US$12.00 to US$12.40 per MMBtu for all destinations, including North Asian ports in the second half of November.