The export value for LNG cargoes loading on the US Gulf Coast 30-60 days forward jumped more than $16/MMBtu to new highs during the week of Dec. 14-21, reflecting the strength of European delivered prices. Receive daily email alerts, subscriber notes & personalize your experience. Register Now To justify the high prices for US Gulf Coast FOB cargoes, suppliers would need slot availability to land in Europe, traders said. That was being made more challenging with so many LNG tankers in the Atlantic trying to get there to take advantage of the arbitrage. The volatile market fundamentals, meanwhile, were continuing to spur new commercial activity for US exporters and liquefaction terminal developers as buyers seek out term deals that carry a lower fixed-price. Cheap feadgas costs and destination flexibility have made US contracts more appealing in a high spot price environment. “There is a change of mood already where […]