Highlights Interbasin spreads helped shift trade flows January sees Asia buying appetite pick up LNG transits via the Panama Canal plunged 30% in December as Pacific-bound cargoes diverted to the Atlantic to feed strong demand and capture better netbacks in Europe, data provided Jan. 12 to S&P Global Platts by the canal operator showed. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The shift in trade flows reversed the consistently upward trend in recent years of LNG transits via the shortest passageway from the Gulf Coast to the East Asia import market, amid sharp growth in US exports. So far in January, the dynamics in end-user markets have been following a similar theme from a supply and demand standpoint. Most recently, however, cargoes have begun to look east again as slots for February fill up in Europe. “This time last year, the world’s global economic […]