Snapshot
3 Dec 2020

US LNG resurgence fails to slow JKM strength

1 min

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US LNG production has rebounded dramatically since the midsummer period dominated by weak netbacks and subsequent cargo cancellations. The market recovery has been driven by robust Asian demand and continued supply disruptions, the latest being a drop in Qatari deliveries to a multiyear low in November, helping JKM to breach $8 for the first time since Q1-19.

US LNG resurgence fails to slow JKM strength