Northeast Asian spot LNG prices have received further demand-side support. The average price for October deliveries is around $11.5/MMBtu. However, output from new supply projects could help limit further gains, with the average price in Q1 forecast to be around $12.3/MMBtu.
European hub prices have seen further gains. Planned and unplanned maintenance has hit supplies, helping support prices as temperatures have started to fall in parts of the region. The NBP month-ahead was up to around 72 p/th in mid-September and is forecast to average 75...
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