• Global Gas Analytics
  • Analysis & Forecasts

Asia Pacific Price trends

August 2018

The cost of LNG imports has risen and will see further gains.

Rising oil prices are pushing up the average price of LNG imports, with the average price paid by Japan rising to $9.8/MMBtu in June and similar prices seen in South Korea and China. GGA forecasts Brent crude prices will average around $74.1 per barrel in 2020, which will further pull up the cost of oil-indexed LNG supplies.

Japan spot LNG price comparison
Indian LNG import price

The average price...