- The combination of a severe cold snap in Asia, supply outages and maritime congestion has propelled spot prices for LNG to previously unforeseen heights.
- The North Asian price benchmark has now risen 18-fold in less than nine months, outperforming other commodities — even Bitcoin.
- Winners in this rally include Exxon Mobil Corp., which sold a cargo last week for a record $130 million to Japan, and Total SE, which secured $126 million.
- Royal Dutch Shell Plc and Houston-based Cheniere Energy...
https://mfame.guru/lng-cargo-prices-rise-to-unforeseen-heights/