World's most expensive LNG cargo: who wins the supply?
Bangladesh purchased the world's most expensive LNG cargo at $29.795 per million British thermal units. The cargo is one of six approved by the government procurement committee and will be supplied by Vitol Asia for delivery between 17 and 28 October. The price is about $10 higher than pre-war traded prices.
Why it matters: This purchase illustrates the theme of geopolitical risk, as war-related supply disruptions and price spikes are reshaping LNG procurement.