Asian spot LNG prices are expected to rise ahead of winter after scorching temperatures boosted gas demand and the need for additional LNG helped keep prices buoyant through the peak of summer. Spot LNG prices in Northeast Asia were around $10/MMBtu in mid-August and are forecast to average $11.6/MMBtu in Q4.
Increased demand during the summer peak, combined with supply limitations due in part to maintenance and strikes, pushed the NBP month-ahead up to around 64 p/th in the middle of August. GGA forecast the NBP...
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