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Asian spot liquefied natural gas (LNG) prices slipped to a near three-year low this week, as inventories in Europe remain at healthy levels and buying activity in northeast Asia was subdued due to the Lunar New Year holidays.
Asian spot liquefied natural gas (LNG) prices dipped below $10 per million British thermal units (mmBtu) for the first time in nearly eight months, as ample inventories and mild weather outweighed geopolitical tensions in the Red Sea.
Asian spot liquefied natural gas prices dipped below $10 per million British thermal units for the first time in nearly eight months, as ample inventories and mild weather outweighed... -January 19, 2024 at 06:00 am EST - MarketScreener
SINGAPORE: Asian spot liquefied natural gas (LNG) prices dipped below $10 per million British thermal units (mmBtu)...
Despite the Qatari LNG re-routing, Europe is well placed to deal with disruptions, with its gas storage still very high for the time of year