U.S. LNG Cargoes Flock To Europe Amid Record-High Gas Prices

At least 30 tankers with liquefied natural gas from the United States are headed to Europe, where the gas and energy crisis has pushed regional LNG prices way above the Asian LNG benchmark and 14 times higher than the U.S. Henry Hub price, according to shipping data compiled by Bloomberg. Ten LNG tankers from the U.S. have already declared Europe as their destination while another 20 cargoes appear to be crossing the Atlantic en route to Europe, the shipping data showed. At least another ten LNG cargoes have been diverted from Asia to Europe as…