Spot LNG prices in Northeast Asia have seen further gains, with cargoes for Q1 delivery rising above $10/MMBtu. The average Q1 price for spot LNG in the region is expected to be around $10/MMBtu, GGA forecasts.
The vulnerability of European gas prices to supply shortages was exposed in mid-December. Disruptions to North Sea and Norwegian supplies as well as flows via the Baumgarten hub in Austria resulted price spikes. The NBP day-ahead jumped by 10 p/th in just a few days to 67.7 p/th on...
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