Temperatures are forecast to be average to above average in much of Northeast Asia through the end of the year. The prospect of weak seasonal demand is weighing on prices. This, combined with high stock volumes, is expected to ensure prices remain moderate into Q1 2019 when Northeast Asian spot LNG prices will average around $11.2/MMBtu.
European hub prices have come under further pressure as a result of limited heating-related gas consumption at the start of the winter. The NBP month-ahead was around 67 p/th...
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