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US LNG Netbacks Still Favour Asia: BNEF

LNG

Asia continues to be the premium market for US LNG until at least November as of May 30, according to BNEF.

  • For July delivery, Asia earns a netback of $8.37/MMBtu. Meanwhile, Europe earns a netback of $7.49/MMBtu for July.
  • For August, the Asia netback is $8.68/MMBtu. This remains above Europe’s $7.65/MMBtu netback for August.
  • In September, Asia’s netback is $8.71/MMBtu, while Europe’s netback is $7.83/MMBtu.
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Asia continues to be the premium market for US LNG until at least November as of May 30, according to BNEF.

  • For July delivery, Asia earns a netback of $8.37/MMBtu. Meanwhile, Europe earns a netback of $7.49/MMBtu for July.
  • For August, the Asia netback is $8.68/MMBtu. This remains above Europe’s $7.65/MMBtu netback for August.
  • In September, Asia’s netback is $8.71/MMBtu, while Europe’s netback is $7.83/MMBtu.