LNG NWE at the widest discount to Med in seven years

The discount between Northwest Europe LNG prices and the Mediterranean marker reached the widest level on June 10 seen since July 2019, underpinned by higher shipping costs and firmer Southern European hub premiums, which continued to support Med pricing. Platts, part of S&P Global Energy, assessed the DES NW Europe marker for July at $16.91/million British thermal unit June 10, at a discount of 4The discount between Northwest Europe LNG prices and the Mediterranean marker reached the widest level on June 10 seen since July 2019, underpinned by higher shipping costs and firmer Southern European hub premiums, which continued to support Med pricing. Platts, part of S&P Global Energy, assessed the DES NW Europe marker for July at $16.91/million British thermal unit June 10, at a discount of 4Read More