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Singapore LNG Bunker Price Surges on Supply Concerns and Tensions

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Natural Gas
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LNG bunker prices are on the move as Singapore's price surges due to supply concerns, while Rotterdam remains steady.

The Japan/Korea Marker (JKM) contract rose by $1.02/MMBtu over the week, to $22.00/MMBtu ($1,144/mt), tracking gains in LNG bunker prices in Singapore and the Baltics.

Singapore's LNG bunker price has jumped by $53/mt over the past week, to $1,394/mt, with its premium over Rotterdam widening from $191/mt a week ago to $243/mt.

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