Page 3 - Ciaran Roe News Today

LONDON: Asian liquefied natural gas (LNG) spot prices continued its upward trend this week as fears of further market tightening following a major outage at a Freeport plant and reduced Russian gas flows to Europe pushed buyers to cover short-term needs.

Asian spot liquefied natural gas (LNG) prices jumped this week, tracking a rise in European gas prices, on further market tightening as an extended shutdown at a U.S. export plant prompted buying by Japan and South Korea. The average LNG price for August delivery into north-east Asia was estimated at $36.50 per million British thermal ...

Asian spot liquefied natural gas (LNG) prices were down this week on renewed lockdown in Shanghai, indicating lesser demand from China, while summer procurement in other Asian countries picked up. The news of an at least three-week shutdown at Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas, didn’t ...

LONDON — Asian spot liquefied natural gas (LNG) prices were down this week on renewed lockdown in Shanghai, indicating lesser demand from China, while summer…

Asian spot liquefied natural gas (LNG) prices were up this week on continued demand growth from Japan, Korea and India as large utilities sought to replenish stocks. The increased competition has accordingly narrowed the spread with European gas prices on the Dutch TTF hub, where prices went down after concerns over further Russian gas cuts ...

Asian spot liquefied natural gas (LNG) prices were up this week on some procurement activity by Japanese, Korean and Indian buyers, while players were waiting to see whether possible lockdown easing in China would renew demand for spot cargoes. This has accordingly narrowed the spread with European gas prices on the Dutch TTF hub, which ...

Asian spot liquefied natural gas (LNG) prices were down this week despite news of potential COVID lockdown easing in China as players await an actual rebound in procurement activity to meet Autum-Winter seasonal demand. Meanwhile, in Europe, concerns about Russian pipeline supply have slightly receded on signs that some European buyers are paying for Russian ...

Asian spot liquefied natural gas (LNG) prices inched down this week despite some procurement activity to replenish stocks, with more downside seen from muted Chinese activity during COVID-19 lockdowns. European LNG prices continued to trade at a record discount to Benchmark Dutch TTF gas, as Russian pipeline gas supply issues dominated sentiment. The discount has ...

In 2020, demand for LNG had sunk so much that dozens of cargo loads simply circled the globe on ships without buyers. Now, LNG shipments are selling for hundreds of millions.

Asian liquefied natural gas prices surged to a record high as global competition for the super-chilled fuel intensified amid low inventories and coal short...