May 24, 2024 08:24 GMT
LNG Exports More Profitable to Asia July-September
LNG
US LNG exports are currently more profitable to Asia in July, August and September.
- The gas price spread between Asia and Europe is $1.13/MMBtu in June according to BNEF.
- The US LNG netback to Europe is currently $7.68/MMBtu for July - down 0.9% from May 23, when it was $7.75/MMBtu.
- The US LNG netback to Asia is currently $8.51/MMBtu for July - down 1.2% from May 23, when it was $8.61/MMBtu.
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