LNG: US LNG More Profitable to Europe: BNEF
Oct-13 09:46By: Lawrence Toye
Europe
US exports of LNG are more profitable to Europe in November, while Asia is the premium market in December and January, according to BNEF.
- Exports to Europe earns a netback of $12.54/MMBtu in November, compared to $12.49/MMBtu for Asia.
- In December, the netback to Asia is $13.45/MMBtu, compared to $12.80/MMBtu for Europe.
- In January, Asia earns a netback of $13.60/MMBtu, while Europe’s netback for US LNG is $12.87/MMBtu.
