Take Your Trading To The Next Level. Get Started Here!

Improving arbitrage to Asia sparks higher Med LNG prices

March 21, 2024 Comments Off

Improving arbitrage opportunities to Asia have pushed up LNG prices in the Mediterranean with buyers in the East of the region looking to attract additional cargoes while West Med players seek to redirect cargoes to Asia. Although cyclone disruptions in Australia, as well as unplanned maintenance in Norway and lower LNG deliveries to Europe have heightened market sentiment, leading to…