US LNG exports defy arb economics by flooding Europe over Asia
Recent delays at the Panama Canal have pushed more supplementary LNG volumes into Europe, sources said, despite US to Asia arbitrage economics overpowering economics to Europe in the prompt. Although traders await the start of an intense price competition between Europe and Asia this winter, milder temperatures in China and across Europe have been keeping the current fight for US… Recent delays at the Panama Canal have pushed more supplementary LNG volumes into Europe, sources said, despite US to Asia arbitrage economics overpowering economics to Europe in the prompt. Although traders await the start of an intense price competition between Europe and Asia this winter, milder temperatures in China and across Europe have been keeping the current fight for US… Read More
