• Global Gas Analytics
  • Analysis & Forecasts

Asia Pacific Price trends

October 2018

Further gains in average LNG import prices will support spot prices in Northeast Asia during the northern hemisphere winter.

Average LNG import prices in Northeast Asia have reached their highest levels since Q2 2015. The average price Japan paid for its LNG imports rose to $10.2/MMBtu in August, an increase of 23% year on year. Similar gains were seen in South Korea and China, where the average price for imported LNG in August reached $10.2/MMBtu and $9.6/MMBtu respectively. Further gains in the price of Brent crude...