Asia Pacific Price trends
LNG price trends
While the decline in average LNG import prices in key Northeast Asian markets has eased, spot prices in the region will continue to fall over the coming months.
The average price of Japan’s imports rose to $7.85/MMBtu in February. This left prices broadly flat year on year, marking the first month since November 2014 when prices have not fallen materially on an annual basis. The recent rise in oil prices has pushed up the average price of oil-indexed contract supplies, countering the declines seen...