Seasonal market tightening will drive up spot LNG prices in Northeast Asia over the coming months. Prices were around $11.5/MMBtu in mid-October and are forecast to average $12.3/MMBtu in Q1 2019. Despite the forecast for mild temperatures, growing demand will support regional imports.
The NBP month-ahead price was around 71 p/th by mid-October after peaking at 77.7 p/th in late September. Demand is expected to be weak this winter, and while seasonal tightening is anticipated, further gains will be moderate. GGA forecasts the NBP month-ahead will...
You have reached an article available exclusively to subscribers
Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!