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Global LNG: Asia spot prices jump, tracking sharp rise in Europe | Hellenic Shipping News Worldwide

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 ...
United Kingdom United States South Korea Toby Copson Olumide Ajayi Ciaran Roe

Asian prices rise on improved demand; spread with Europe narrows | Hellenic Shipping News Worldwide

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 ...
United Kingdom Shailesh Kuber Toby Copson Ciaran Roe Marwa Rashad Ryan Mckay

Asia prices ease despite restocking demand as Europe's crisis weighs | Hellenic Shipping News Worldwide

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 ...
United Kingdom Veronica Brown Toby Copson Edmund Siau Ciaran Roe Kirsten Donovan

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