Spot LNG prices in Northeast Asia have risen to over $6/MMBtu, with prices for some Q4 deliveries over $6.5/MMBtu. Further gains are expected, with average prices for Q1 2018 likely to be around $7.5/MMBtu.
Supply-side support for hub prices in Europe has pushed the NBP month-ahead up to around 45 p/th. Further increases in prices at the region’s hubs are expected as heating-related demand rises. GGA expects the NBP month-ahead to average around 49 p/th in Q1 2018.
Storage concerns have continued to support Henry Hub...
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