Free Trial

US-LNG More Profitable to Asia: BNEF

LNG

US LNG exports are more profitable to Asia in October, while Europe is the premium market in November and December, according to BNEF.

  • In October, Asia earns a netback of $9.88/MMBtu, compared to $7.83/MMBtu for Europe.
  • However, The November netback to Europe is $10.69/MMBtu, compared to $10.58/MMBtu for Asia.
  • In December, Europe earns a netback of $12.10/MMBtu, compared to $11.95/MMBtu to export a cargo to Asia.
  • The JKM-TTF Oct 23 down is stable on the day at 2.61$/mmbtu.

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.