- Spot rates drop across key routes as oversupply and limited demand persist.
- BLNG1 Aus-Japan holds steady while Houston-Cont sees sharp declines.
- Rising LNG bunker prices and flat freight rates threaten market stability.
The gas market was mixed in Week 47 (22 November 2024), with quiet conditions in the LNG spot market following a week of very large enquiries. LNG spot routes continue to lose ground with oversupply against limited demand pushing rates down and increasingly raising earnings...
https://mfame.guru/weekly-gas-report-week-47-22-november-2024/