For the moment, all three of the world's major LNG markets are attracting a goodly portion of mounting global supply, with the US Henry Hub and UK National Balancing Point (NBP) February contracts near parity in the $5.70-$6 per million Btu range and some Asian buyers rumored to be willing to pay upwards of $8. But with US futures contracts for June through September at a 500/MMBtu or greater advantage to NBP, traders increasingly see the US as a likely favorite for flexible spring and summer cargoes (table, p6).
展开▼
