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US LNG to Be More Profitable to Europe in Feb, March

LNG

US LNG exports are currently more profitable to Asia in January 2024 but to Europe in February and March 2024, according to BNEF.

    • JKM Jan 24 down -3.4% at 14.76$/mmbtu
    • JKM-TTF Jan 24 down -0.5$/mmbtu at 3.83$/mmbtu
  • The US LNG netback to Europe is currently $8.07/MMBtu for January 2024, down from $8.09/MMBtu on the day. The US LNG netback to Asia is currently $11.62/MMBtu for January 2024, down from $12.14/MMBtu.
  • February US LNG netbacks to Europe are currently at $8.30/MMBtu, above Asia at $8.12/MMBtu.

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