Asia Pacific Price trends
LNG price trends
Average LNG prices in the Asia Pacific region have made further gains while spot prices for the peak of summer are under pressure.
The average price of Japan’s LNG imports was $8.6/MMBtu in May, an increase of 46% year on year. A similar rise was seen in South Korea, where imported LNG cost $8.3/MMBtu on average during the month, up by 39% on an annual basis. A smaller rise was seen in China, where the average price increased by 16% year on year, to...