LNG

Asian spot LNG prices steady at three-year high

Asian spot LNG prices climbed by 2.7% last week from the previous week, to average $9.44/MMBtu Asian spot LNG prices climbed by 2.7% last week from the previous week, to average $9.44/MMBtu.
By Tang Tian 28 November 2017 0 28577

Asian spot LNG prices climbed by 2.7% last week from the previous week, to average $9.44/MMBtu, holding steady near three-year highs. The last time the weekly average hit $10/MMBtu was at the start of 2015.

CIF price of LNG in major Asian countries and regions ($/MMBtu)

Date Japan South Korea China Taiwan
13 Nov 8.87 9.25 9.11 8.96
14 Nov 9.01 9.43 9.23 9.16
15 Nov 9.01 9.43 9.23 9.16
16 Nov 9.01 9.43 9.23 9.16
17 Nov 9.10 9.54 9.31 9.23
20 Nov 9.10 9.54 9.31 9.23
21 Nov 9.10 9.54 9.31 9.23
22 Nov 9.31 9.73 9.51 9.39
23 Nov 9.43 9.75 9.57 9.51
24 Nov 9.43 9.75 9.57 9.51
Source: SCI International. CIF prices for spot transactions of LNG, for delivery into Japan, South Korea, China and Taiwan 15-30 days after transaction date. Prices estimated by...