LNG Bunker Prices Extend Gains Across Key European and Asian Hubs
Delivered LNG bunker rates climbed across Rotterdam, the Baltic region, and Singapore, supported by a strengthening European natural gas benchmark.
Rotterdam LNG bunker prices have continued an upward trajectory, marking a fifth consecutive week of gains driven by escalating natural gas benchmarks in Europe.
In the ARA Rotterdam market, delivered LNG bunker values advanced by $83/mt on the week to reach $1,429/mt. The price rise closely tracked strength in the underlying front-month Dutch TTF natural gas contract, which gained $1.58/MMBtu, equivalent to $82/mt, to settle at $25.21/MMBtu.
Refueling hubs across Northern Europe followed a similar firming trend amid the tighter gas pricing environment. In the Baltic region, LNG bunker prices increased by $85/mt week on week, lifting the regional average to $1,534/mt.
Asian marine fuel markets also recorded upward movement, though at a comparatively slower pace than European hubs. Singapore's LNG bunker price rose by $46/mt over the same weekly period to reach $1,489/mt.
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