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US LNG Netbacks Stil Favour Asia: BNEF

LNG

Asia continues to be the premium market for US LNG until at least November as of May 28, according to BNEF.

  • For July delivery, Asia earns a netback of $8.76/MMBtu. Meanwhile, Europe earns a netback of $7.80/MMBtu for July.
  • For August, the Asia netback is $8.88/MMBtu. This remains above Europe’s $7.86/MMBtu netback for August.
  • In September, Asia’s netback is $9.09/MMBtu, while Europe’s netback is $8.17/MMBtu.

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