Published by
Will Owen,
Editor
LNG Industry,
According to Reuters, an increase in European gas prices has raised Asian LNG spot prices for the first time since December.
Post-increase, spot prices for LNG cargo deliveries to Asia in May are now estimated to be US$4.50 per million Btu (a US$0.10 rise).
This rise in Asian spot prices has been attributed to an increase in gas prices in the UK and the Netherlands, in response to a decline in supply via pipeline from Norway.
This article has been tagged under the following:
LNG export news LNG import news
LNG Industry is not responsible for the content of external internet sites.