MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

LNG: Softer Asian LNG Prices Prompt India Buying Interest

LNG
Energy BulletsBulletPower BulletsCommodities

Asian LNG price declines in recent days have prompted increased interest from buyers in India with the fuel more competitive against alternatives, according to Bloomberg.

  • Indian Oil seeks to purchase up to two cargoes for delivery to the Dahej and Dhamra terminals around the second half of October.
  • Bharat Petroleum Corp. is seeking to buy an LNG cargo on a DES basis for October delivery.
  • North Asia spot LNG prices have seen some support today after falling on expectations of ample supply to offset the Curtis LNG outage in Australia.
    • TTF OCT 24 up 1.4% at 36.31€/MWh
    • JKM Nov 24 up 1.3% at 12.81$/mmbtu
    • JKM-TTF Oct 24 down 0.1$/mmbtu at 1.01$/mmbtu
    • US Natgas OCT 24 up 0% at 2.15$/mmbtu
112 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Asian LNG price declines in recent days have prompted increased interest from buyers in India with the fuel more competitive against alternatives, according to Bloomberg.

  • Indian Oil seeks to purchase up to two cargoes for delivery to the Dahej and Dhamra terminals around the second half of October.
  • Bharat Petroleum Corp. is seeking to buy an LNG cargo on a DES basis for October delivery.
  • North Asia spot LNG prices have seen some support today after falling on expectations of ample supply to offset the Curtis LNG outage in Australia.
    • TTF OCT 24 up 1.4% at 36.31€/MWh
    • JKM Nov 24 up 1.3% at 12.81$/mmbtu
    • JKM-TTF Oct 24 down 0.1$/mmbtu at 1.01$/mmbtu
    • US Natgas OCT 24 up 0% at 2.15$/mmbtu