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LNG at Sea for at Least 20 Days Up 2.4%

LNG

The total estimated volumes of LNG on tankers not unloaded for 20 days or more rose 2.4% on the week to Aug. 20, according to Bloomberg.

  • Total LNG volumes on the water were 2.77m mt, compared to 2.71m mt for the prior week.
  • The LNG Japan/Korea marker futures for Oct delivery was $14.3/MMBtu Aug. 21
  • TTF SEP 23 down -2.8% at 39.66€/MWh. TTF has rallied recently amid concerns of strike action in Australia, and maintenance in Norway.

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