LNG premium price race
Published 5. Jan 2022 5:16 PM
More LNG cargoes are being diverted from Asia to west of Suez amidst energy shortage in Europe
13 LNG carriers have recently changed destination as Asia is well supplied and the prices in Europe continue to be attractive, although the spread is narrowing in and prices are bouncing back due to a good outlook of deliveries in January.
Dutch TTF gas futures have been quite volatile during the last 3 weeks, topping at 180.27 EUR/MWh on 21. December 2021 where cargoes were re-routed to Europe and wanted a part in the price premiums. Dutch TTF closed at 88.74 EUR/MWh the 4. January 2022.
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