Spot LNG prices in Northeast Asia have hit their peak for the summer and are set to ease over the coming weeks as a result of growing supply. Average prices for August delivery are forecast to be around $10/MMBtu while average prices for Q3 will be around $9.4/MMBtu.
European hub prices remain supported by weak supply, with the NBP month-ahead around 57-58 p/th by the middle of July. Maintenance, storage builds and low indigenous production will continue to support prices over the coming weeks despite falling...
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