LNG freight rates from US Gulf Coast to NWE, Asia weaken as demand lags
December 6, 2023 Comments Off
Freight rates to ship LNG from the US Gulf Coast region to both Northwest Europe and Asia have cooled this week, as high gas inventories and lagging demand weigh on the market, sources said Dec. 6. Platts, a part of S&P Global Commodity Insights, assessed the USGC to Northwest Europe LNG freight cost at $1.61/MMBtu on Dec. 5, down 6…
LNG freight rates from US Gulf Coast to NWE, Asia weaken as demand lags
Freight rates to ship LNG from the US Gulf Coast region to both Northwest Europe and Asia have cooled this week, as high gas inventories and lagging demand weigh on the market, sources said Dec. 6. Platts, a part of S&P Global Commodity Insights, assessed the USGC to Northwest Europe LNG freight cost at $1.61/MMBtu on Dec. 5, down 6…
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