WIM spread to JKM narrows on geopolitical risks, firm Indian LNG demand
Geopolitical risks leading to tightness in shipping availability and firm LNG and natural gas demand in South Asia are supporting prices of South Asian cargoes, prompting a narrower spread between JKM and West Indian Marker (WIM). Platts, part of S&P Global Commodity Insights, assessed the March WIM, the price for LNG cargoes delivered to West India ports, at $9.488/MMBtu Feb…. Geopolitical risks leading to tightness in shipping availability and firm LNG and natural gas demand in South Asia are supporting prices of South Asian cargoes, prompting a narrower spread between JKM and West Indian Marker (WIM). Platts, part of S&P Global Commodity Insights, assessed the March WIM, the price for LNG cargoes delivered to West India ports, at $9.488/MMBtu Feb…. Read More
