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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...