Trades reported during the physical LNG Platts MOC reached a year-to-date high in June amid bullish expectations for the summer, according to Platts.
- Eight entities Eight entities -- BP, Gunvor, Marubeni, PetroChina, Glencore, Shell, Total Energies and Vitol -- reported 17 trades, or around 1.105m mt of LNG physical cargoes, for July, August, and September into the JKTC region.
- Most trades were struck on a fixed price basis averaging $12.589/MMBtu for July and $12.833/MMBtu for August.