Spot LNG prices have come under pressure in Asia, with some trades for April delivery dipping to $5.5-6.0/MMBtu. Further declines are likely this spring, but above average temperatures during the peak of summer are expected to result in strong demand driving a price rise.
European hub prices have fallen, with the NBP month-ahead at around 41 p/th by the middle of March. Further declines are likely, with the NBP month-ahead expected to average around 35 p/th in Q3.
An unusually mild February weighed on the Henry...
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