Average LNG spot rates rally to break $320,000
Most of the liquefied natural gas market relies on longer-term contracts. However, for those who have tonnage on the spot market, this winter season is proving to be lucrative well beyond this time of year’s typical fortunes
The commodity is in hot demand, especially in Asia, where the cold winter and the restricted LNG tonnage supply have led rates to grow by almost $100,000 in recent days