Liquefied natural gas in Asia rose to a five-month high on cold weather and scarce cargoes, widening the premium to Europe, according to World Gas Intelligence.
Spot cargoes in northeast Asia rose 5.8 percent to $15.85 per million British thermal units, the highest since June 18, WGI said on its website today. The price in southwest Europe rose 1.9 percent to $11.
To contact the reporter on this story: Isaac Arnsdorf in London at firstname.lastname@example.org
To contact the editor responsible for this story: Alaric Nightingale at email@example.com