RUSSIA'S LNG FOR EUROPE
PLATTS - LNG produced from Russia's Yamal LNG project look set to stay in Europe in the short term on the back of high European natural gas hub pricing allied to firmer shipping rates due to tight Atlantic tonnage, an analysis by S&P Global Platts Analytics showed.
The key NBP October contract broke above the $10/MMBtu mark on Monday, the first time the rolling month-ahead contract had done so since March 2014, Platts data showed, slightly more than $1/MMBtu below the JKM November period.
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