US LNG feedgas demand hit a new record near 11.6 Bcf/d as Asian import prices continued to soar, S&P Global Platts Analytics data show. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The latest high was reached Dec. 13 across the six major liquefaction facilities on the Gulf and Atlantic coasts. The Platts JKM for January was assessed 98.7 cents/MMBtu higher day on day at $12.213/MMBtu on Dec. 14. That’s nearly double what JKM was trading at three weeks earlier and a more than a six-fold increase from JKM’s historic low on April 28 at $1.825/MMBtu . The run-up has been driven largely by supply uncertainty in other exporting countries and demand from importing countries. US Gulf Coast LNG netbacks from the JKM rose to nearly $6/MMBtu […]

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