CDN NEWS | 
US NEWS 
By Ruth Liao
Liquefied natural gas traders can make a better profit from selling US LNG cargoes in Asia than offering the fuel in Europe, an opportunity that opened up for the first time in seven months, according to data from analytics firm Spark Commodities.
The US-to-Asia arbitrage window emerged following a series of production outages in Asia that have shrunk short-term supplies in the Pacific Basin, including in Malaysia, Brunei and Australia. Meanwhile, European gas prices have eased on storage refills and subdued demand.
Source: Spark Commodities
— With assistance from Stephen Stapczynski and Anna Shiryaevskaya
Share This:
