Web1 day ago · Asian spot liquefied natural gas (LNG) prices this week slipped to a 22-month low amid slow demand from Japan, China and South Korea. The average LNG price for May delivery into northeast Asia was ... WebJan 21, 2024 · The average LNG price for March delivery into north-east Asia fell to around $23.00 per metric million British thermal units (mmBtu), down $9.60 or nearly 30% from …

Asian spot LNG prices slip as muted North Asia demand weighs

WebJan 20, 2024 · As Asian demand has climbed, new long-term LNG contracting rebounded to its highest level in five years in 2024, with Asian buyers accounting for 85% of global … WebJun 4, 2024 · By Jessica Jaganathan. SINGAPORE, June 4 (Reuters) - Asian spot prices for liquefied natural gas (LNG) rose for a second consecutive week and touched their highest since January, buoyed by higher ... shelton classics\u0026performance

The future of Asian LNG supply – backfill or bust

WebDec 15, 2024 · It is unusual for European LNG prices to surpass spot LNG prices in Asia, which relies on LNG imports much more than Europe, and especially in peak winter when demand from Japan, South Korea, China and Taiwan is at its highest, supporting the typical Asian premium. The S&P Global Platts LNG price for Northwest Europe for January … WebLNG trade flows are evolving, challenging the established energy mix and changing commodity dynamics. Platts JKM™, the world's leading LNG benchmark price, reflects deliveries into the largest demand center for LNG: North Asia. Globally, Platts LNG spot price assessments provide timely data into inter-regional dynamics. WebJan 20, 2024 · Asia’s biggest gas market challenge is now meeting demand. The near-certain long-term decline in regional gas production makes rising import dependency inevitable, future-proofing future Asian LNG demand: we expect imports to grow at a heady 3.7% a year over the next decade. Today, China is driving demand growth, while looking … sportsnow pilates biel