Asia Pacific Price trends
June 2018
Oil price rises are fuelling further LNG price gains.
Japan’s average LNG price in April was $9.6/MMBtu, up by 17.4% on an annual basis. A similar rise was seen in South Korea, where the average price for imports in April increased by 17.5% year on year, to $9.3/MMBtu. The gains follow steady increases since early 2017, and further growth is expected as oil prices continue to rise.
Rising LNG prices may hit...