US LNG among the most expensive for NE Asia

US LNG was among the more expensive cargoes delivered into Northeast Asia in the first months of 2017, but prices did not accurately reflect the costs of delivery US LNG was among the more expensive cargoes delivered into Northeast Asia in the first months of 2017, but prices did not accurately reflect the costs of delivery.
By Andrew Walker 8 May 2017 0 25792

LNG cargoes delivered from the United States Gulf coast to Northeast Asian buyers were consistently among the most expensive LNG purchased over the winter, according to customs data from the region’s three biggest importers, Japan, South Korea and China.

The majority of US cargoes delivered to these countries over the past year were bought over the winter, when demand peaked and spot prices were high enough to justify transport costs. Before this the majority of US cargoes had been delivered into geographically closer markets in Latin...

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