Liquefied natural gas prices in East Asia fell $0.30 to $11.04/MMBtu, the EIA reported, citing data from Bloomberg Finance. Title Transfer Facility natural gas prices in Europe also declined $0.49 to $9.66/MMBtu.
Thirty-seven LNG vessels with a combined capacity of 138 billion cubic feet left the U.S. between Nov. 27 and Dec. 3, Bloomberg Finance data showed.
Net withdrawals from storage amounted to 12 Bcf in the week ended Nov. 28, resulting in total working gas stocks of 3,923 Bcf, the EIA reported. This was 191 Bcf more than the five-year average and 18 Bcf lower than the year-ago period.
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