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Asia Pacific Price trends

June 2018

Oil price rises are fuelling further LNG price gains.

Japan’s average LNG price in April was $9.6/MMBtu, up by 17.4% on an annual basis. A similar rise was seen in South Korea, where the average price for imports in April increased by 17.5% year on year, to $9.3/MMBtu. The gains follow steady increases since early 2017, and further growth is expected as oil prices continue to rise.

Japan spot LNG price comparison
Indian LNG import price

Rising LNG prices may hit...