Brazilian LNG prices rally, hit narrowest ever discount to TTF

LNG prices in Brazil rallied in line with strength seen across the Northwest European markets to reach a record high against the Dutch TTF gas price. Platts, part of S&P Global Commodity Insights, assessed DES Brazil LNG for delivery 15-45 days forward at $8.895/MMBtu March 18, hitting parity to the Northwest European LNG marker. The price was also a 24.5… LNG prices in Brazil rallied in line with strength seen across the Northwest European markets to reach a record high against the Dutch TTF gas price. Platts, part of S&P Global Commodity Insights, assessed DES Brazil LNG for delivery 15-45 days forward at $8.895/MMBtu March 18, hitting parity to the Northwest European LNG marker. The price was also a 24.5… Read More