BR100 Decreased By (-0.96%)
BR30 Decreased By (-1.42%)
KSE100 Decreased By (-0.9%)
KSE30 Decreased By (-1%)
AGHA 6.32 Decreased By ▼ -0.08 (-1.25%)
BECO 4.00 Decreased By ▼ -0.08 (-1.96%)
BML 58.35 Increased By ▲ 0.48 (0.83%)
BOP 27.35 Decreased By ▼ -0.57 (-2.04%)
CNERGY 12.40 Increased By ▲ 0.05 (0.4%)
CSIL 5.10 Increased By ▲ 0.08 (1.59%)
FCCL 49.56 Decreased By ▼ -0.46 (-0.92%)
FFL 13.44 Decreased By ▼ -0.19 (-1.39%)
FNEL 1.07 Decreased By ▼ -0.01 (-0.93%)
KEL 5.56 Decreased By ▼ -0.07 (-1.24%)
KOSM 5.09 Decreased By ▼ -0.01 (-0.2%)
LOTCHEM 23.04 Decreased By ▼ -0.89 (-3.72%)
MLCF 86.70 Decreased By ▼ -0.84 (-0.96%)
NBP 149.75 Decreased By ▼ -3.58 (-2.33%)
NCPL 48.10 Decreased By ▼ -0.95 (-1.94%)
NPL 53.55 Decreased By ▼ -0.99 (-1.82%)
OGDC 298.21 Decreased By ▼ -2.29 (-0.76%)
PACE 9.33 Increased By ▲ 0.04 (0.43%)
PAEL 32.06 Decreased By ▼ -0.71 (-2.17%)
PIBTL 12.60 Decreased By ▼ -0.26 (-2.02%)
PPL 210.20 Decreased By ▼ -4.00 (-1.87%)
PRL 94.75 Decreased By ▼ -0.37 (-0.39%)
PTC 45.50 Decreased By ▼ -1.57 (-3.34%)
SSGC 22.50 Decreased By ▼ -0.05 (-0.22%)
TBL 8.70 Decreased By ▼ -0.09 (-1.02%)
TELE 6.68 Decreased By ▼ -0.06 (-0.89%)
TPL 21.50 Increased By ▲ 1.01 (4.93%)
TPLP 11.55 Increased By ▲ 0.27 (2.39%)
TREET 22.19 Decreased By ▼ -0.56 (-2.46%)
TRG 52.65 Decreased By ▼ -2.08 (-3.8%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices IMF-World Bank meetings Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Markets

Asia spot LNG price soars above $16/mmBtu

  • This is the highest that spot Asian prices have reached since January and their highest for this time of year since 2013
Published Updated
Save
1 min
Comments
By Reuters

SINGAPORE: Asian spot liquefied natural gas (LNG) prices soared above $16 per million British thermal units (mmBtu) on Thursday, with PetroChina selling a cargo to Trafigura, data from price agency S&P Global Platts showed.

PetroChina sold a cargo for delivery into the Fujian terminal in China over Sept. 4-8 at $16.14 per mmBtu during the Platts' pricing process known as market-on-close, the data showed.

This is the highest that spot Asian prices have reached since January and their highest for this time of year since 2013, Reuters data showed.

New LNG deal signed; shipments to start in Jan

Firm demand from North Asia has been boosting prices in the region, trade sources have said.

LNG PetroChina

Comments

Comments are closed for this article.

More Stories

Browse all stories