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US LNG More Profitable to Asia: BNEF

LNG

Asia remains the most profitable destination for US LNG exports from June-October, according to BNEF.

  • For June delivery, Asia earns a netback of $6.82/MMBtu, while Europe earns a netback of $5.83/MMBtu.
  • For July, the Asia netback is $6.79/MMBtu versus $5.76/MMBtu for July.
  • In August, Asia’s netback is $7.01/MMBtu, while Europe’s netback is $5.95/MMBtu.
  • US supply is likely to pick up pace as Freeport LNG steadily increases production following an earlier unplanned outage.
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Asia remains the most profitable destination for US LNG exports from June-October, according to BNEF.

  • For June delivery, Asia earns a netback of $6.82/MMBtu, while Europe earns a netback of $5.83/MMBtu.
  • For July, the Asia netback is $6.79/MMBtu versus $5.76/MMBtu for July.
  • In August, Asia’s netback is $7.01/MMBtu, while Europe’s netback is $5.95/MMBtu.
  • US supply is likely to pick up pace as Freeport LNG steadily increases production following an earlier unplanned outage.