Spot LNG prices in Northeast Asia have come under pressure, with prices for May deliveries around $7.2/MMBtu. With weaker demand expected to continue to put pressure on spot LNG prices over the coming weeks, average prices in Q3 are forecast to be around $6.9/MMBtu.
The NBP month-ahead was around 50 p/th by the middle of April. Although prices are expected to ease, the large volumes of gas needed for storage reinjections will help provide a floor to European hub prices over the coming months. The NBP...
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