Spot LNG prices in the Asia Pacific region for June delivery are expected to average around $5.3/MMBtu. Weak seasonal demand is anticipated at the peak of summer, which will limit the upside for spot LNG prices in Northeast Asia over the coming months.
The NBP month-ahead was down to around 30-31 p/th as of mid-May. Hub prices in Europe are expected to remain under pressure from strong flows of cheap LNG, which are anticipated to continue to enter the region during the summer months.
The Henry...
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