The cost of gas in the United States for the current week increased by more than 40%. The reason was the unexpected cold in the north-east of the country and extremely low reserves in storage. The last time such modest reserves in the United States were in 2005, writes Kommersant. And this is despite the fact that the level of production in the country is growing every year.. Last year alone, American companies pumped 12% more gas than in the previous year.. Including due to the production of liquefied natural gas (LNG). His Washington is actively promoting overseas. But now prices have risen so much that it is completely unprofitable to transport LNG to Asia or Europe. In particular, the cost of delivery to Japan will be $ 10.35 per MBTU (1 million British thermal units, British thermal unit) with an average price of December spot deals of $ 10.38. In this situation, the US becomes profitable to buy Russian LNG for domestic consumption.. Last winter, gas from Yamal LNG, bought by French Engie from Russia, has already hit Boston.

Now there is a high probability of repeating such transactions - again, through a trader. “Cargo from Yamal may come to the USA, this is favored by relatively convenient logistics through the North Atlantic, and also by the fact that Yamal LNG now has free cargo that can be sold on the spot,” Roman Kazmin of ICIS notes. However, analysts believe that the increase in gas prices in the United States will not become a long-term trend.. Although this situation may continue this winter.