--DES Northeast Asia

　DES Northeast Asia prices surged around $3.00 from last Friday to $27.85 for second-half November delivery in Wednesday and the market reached a record high. Prices were higher than January this year when the market had surged. For prompt delivery, prices had risen about $10.00 since early September and were moving towards $30.00 ahead of winter. The market was boosted by surging European natural gas prices. In Northeast Asia, while demand was robust, supply delays of some long-term cargoes such as those from the 28.00 mil mt/year Bintulu project in Malaysia were not resolved and supply/demand fundamentals were tight. End-users that had refrained from spot purchase due to the recent surge in the market resumed buying cargoes for prompt delivery towards winter and market sentiment was bullish.

--FOB Middle East, DES South Asia, South east Asia and the Middle East

　Egyptian Natural Gas Holding Company (EGAS) issued a sell tender for a cargo loading Sep 26-27 from the 5.00 mil mt/year Damietta project. The tender closed on Monday while the results were not heard. Several sellers including European traders were believed to have participated in the tender for the purpose of resale.

--FOB Atlantic, DES Europe and South America

　In the Caribbean, LNG cargoes were received regularly. The 149,172cbm conventional tanker "Fuji LNG" carrying a cargo from the 22.50 mil mt/year US Sabine Pass project arrived at the 3.60 mil mt/year Port Esquivel terminal in Jamaica on Sep 18. US New Fortress Energy (NFE), the operator of the Port Esquivel terminal, takes one to two cargoes a month and transfers the LNG to small vessels to be supplied to the 500,000mt/year Montego Bay terminal in Jamaica and nearby Puerto Rico.