After some cargoes were recently sold for less than US$4.00 per million Btu for the first time in three to four years, Asian LNG spot cargoes are now selling just above the US$4.00 per million Btu mark.
LNG spot cargoes for delivery to northeast Asia are currently estimated to be approximately US$4.20 per million Btu – 10 cents higher than the last reported estimates. Spot prices for October are currently estimated to be US$4.75 per million Btu.
