LNG: US LNG Exports More Profitable to Asia in Winter

Nov-27 08:35By: Felicia Grosse

US LNG exports are currently more profitable to Asia in January 2024, February 2024 and March 2024 according to BNEF.

  • The US LNG netback to Europe is currently $11.44/MMBtu for January 2024, up from $11.32/MMBtu on Friday.
  • The US LNG netback to Asia is currently $12.98/MMBtu in January 2024, almost unchanged from Friday’s levels at $12.99/MMBtu.
    • JKM DEC 23 down -1.6% at 16.69$/mmbtu
    • JKM-TTF DEC 23 up 0.1$/mmbtu at 2.26$/mmbtu