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LNG Imports to Europe Reach Record High

LNG

Net LNG imports in to Europe reached a record 494mcm/d on Nov 28 as Europe enter the first real cold spell of the winter.

  • Imports into NW Europe were up near a maximum at 312mcm/d
  • A planned one day shutdown at Montoir LNG will limit flows on Dec 1.
  • The US LNG netback to Europe for January is estimated at 37.15$/bbl and to Asia is estimated at 21.62$/mmbtu

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Net LNG imports in to Europe reached a record 494mcm/d on Nov 28 as Europe enter the first real cold spell of the winter.

  • Imports into NW Europe were up near a maximum at 312mcm/d
  • A planned one day shutdown at Montoir LNG will limit flows on Dec 1.
  • The US LNG netback to Europe for January is estimated at 37.15$/bbl and to Asia is estimated at 21.62$/mmbtu

Keep reading...Show less