U.S. LNG Cargoes Divert to Europe as European Gas Prices Rise ...Middle East

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U.S. LNG Cargoes Divert to Europe as European Gas Prices Rise
source : OILPRICE ( Middle East ) () 79
At least six LNG cargoes loaded in the United States and initially en route to Asia have been diverted to Europe as European natural gas prices have rallied in recent weeks while Asian prices drop with weaker demand and high inventories. The diverted U.S. cargoes were initially traveling to Asian buyers in China, South Korea, Singapore, and Thailand. However, the six tankers diverted in the Atlantic and headed to Europe between January 8 and 14, according to data from analytics firm Kpler cited by Reuters. Asian spot LNG prices have risen in the…

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