Sending US LNG cargoes to Europe in January, rather than Asia, would lead to as much as $5.3mn in higher profits per cargo, data firm Spark Commodities estimated. The diversions are happening ...

European natural-gas prices remained well supported, and ING said “the market and [EU] member countries are becoming increasingly concerned about the task of refilling storage through the injection season and the fact that the forward curve provides no incentive to store gas for next winter.