A roundup of news and commentary from NGI’s LNG Insight 

  • European LNG imports were down 42% year/year over the last seven days, Tudor, Pickering, Holt & Co. said Wednesday. North Asian prices are pulling cargoes away from the continent, while warmer weather has dented demand. The forecast is growing chillier. 
  • Vitol has reportedly sold an LNG Cargo to Trafigura Group Pte. Ltd. for early February delivery to South Korea at a price of $13.55/MMBtu as Japan Korea Marker spot prices continue increasing on cold weather and a lack of supply in the region. 
  • Seven LNG cargoes are due to arrive in the UK between Dec. 22-30, “which could offset lower temperatures,” but high winds this weekend could disrupt unloading at docks, according to Engie EnergyScan. 
  • Pipe-laying work is expected to...