Asia’s gas demand will rise on an annual basis in H1. However, increased availability of LNG in the region will weigh on spot prices. GGA forecasts the average spot price for LNG in Northeast Asia will be around $7.4/MMBtu in Q1 2019.
European hub prices have been hit by weak seasonal demand and ample supply. The NBP month-ahead price had dropped to around 46-47 p/th by the middle of February, and further declines are anticipated. GGA forecasts the NBP month-ahead will average around 51 p/th...
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