An oversupply of LNG in Asia is causing buyers to rethink how they buy the fuel and how to get the best deals.
Oil and gas prices are diverging as a rebalancing of the market helps crude recover while LNG prices remain pressured by a supply glut.
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European hub prices have dropped over the past week. The NBP day-ahead hit 27.7 p/th ($3.90/MMBtu) on Tuesday, down from over 29 p/th at the end of March. The day-ahead price at the TTF has fallen by around 2 p/th since last week and was just below 27 p/th on Tuesday.