LNG Bunker Snapshot: Rotterdam’s LNG price rises on US-Iran tension-induced supply concerns

AI Summary

LNG bunker prices in Rotterdam have surged by $52 per metric ton amid supply concerns tied to US-Iran tensions, reflecting a broader increase in global LNG prices including Singapore and the Baltics. These price hikes align with rising natural gas contract values in Europe.

Weekly changes in LNG bunker prices: Rotterdam up by $48/mt to $901/mt Singapore up by $48/mt at $1,086/mt Baltics up by $47/mt to $1,006/mt Rotterdam Rotterdam’s LNG bunker price has surged by $52/mt, mirroring gains in the front-month Dutch TTF natural gas contract. Over the past week, the benchmark has increased by $1/MMBtu to $15.01/MMBtu ...