LNG Buyers Cancel Cargoes as US Natgas Becomes Most Expensive in World

摘要

U.S. natural gas prices topped benchmarks in both Europe and Asia for the first time ever this week, giving buyers of U.S. LNG another reason to cancel cargoes. Front-month gas futures for June delivery at the Henry Hub benchmark in Louisiana settled over both the Japan/Korea Marker (JKM) and the Title Transfer Facility (TTF) in the Netherlands for the first time on May 5, according to the most recent pricing data available for all three contracts on the Refinitiv Eikon.