Friday, 16 August 2019

REFILE-GLOBAL LNG-Prices steady as Japan swelters and Texas plant readies export - Reuters

REFILE-GLOBAL LNG-Prices steady as Japan swelters and Texas plant readies export - Reuters:

Asian spot prices for liquefied natural gas (LNG) remained steady this week amid sweltering heat in Japan driving buying activity, while a new project in the United States is expected to load its first cargo soon.

Spot prices for October delivery to Northeast Asia LNG-AS are estimated to be about $4.70 to $4.90 per million British thermal units (mmBtu), slightly up from last week’s $4.75 per mmBtu, the sources said.

Prices for September delivery are estimated to be about $4.20 per mmBtu, same as the previous week, they said.

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