JKM-NWE LNG derivative spreads flip positive for 2023
January 7, 2023 Comments Off
Asian LNG spreads to Northwest Europe in 2023 flipped to a positive Jan. 5, as higher gas storage levels this winter are likely to reduce summer restocking demand. Previously, the monthly spreads between June and October had been negative, with Northwest Europe the premium market. However, the Asian JKM benchmark is now at a premium to Northwest European LNG for…
JKM-NWE LNG derivative spreads flip positive for 2023
Asian LNG spreads to Northwest Europe in 2023 flipped to a positive Jan. 5, as higher gas storage levels this winter are likely to reduce summer restocking demand. Previously, the monthly spreads between June and October had been negative, with Northwest Europe the premium market. However, the Asian JKM benchmark is now at a premium to Northwest European LNG for…
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