Weak demand from major regional buyers will weigh on spot LNG prices in Asia over the coming months despite import growth in China. With supply levels expected to continue to put pressure on prices, GGA forecasts the spot LNG price in Northeast Asia will average $5.4/MMBtu in Q3.
Rising gas imports in Europe are putting additional pressure on hub prices in the region. The NBP month-ahead has fallen in recent weeks and is expected to remain low during the summer. GGA forecasts the NBP month-ahead...
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