East-West LNG arbitrage strengthens as Asian demand surpasses European
The East-West LNG arbitrage economics is strengthening as wider price spreads and declining freight rates offer traders more opportunities to move cargoes to the Far East, according to data from S&P Global Commodity Insights and market feedback. The potential netback from transporting a US-sourced cargo to the Far East has shifted from negative to positive territory, suggesting that traders may…The East-West LNG arbitrage economics is strengthening as wider price spreads and declining freight rates offer traders more opportunities to move cargoes to the Far East, according to data from S&P Global Commodity Insights and market feedback. The potential netback from transporting a US-sourced cargo to the Far East has shifted from negative to positive territory, suggesting that traders may…Read More