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.