Asian spot LNG prices have fallen, with some trades for April delivery dropping below $6/MMBtu. Rising supply and weaker demand growth have dragged down spot prices in the region on an annual basis. GGA forecasts spot prices in Asia will average around $5.4/MMBtu in Q2.
The NBP month-ahead had fallen to 37 p/th as of mid-March. Strong supplies, including LNG imports, combined with weak seasonal demand and healthy storage levels have continued to put pressure on European hub prices. GGA forecasts the NBP month-ahead will...
Great choice of content... but you need a subscription for full access.
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!