Are Asian LNG Prices About To Rally? LNG spot prices rose last week in Asia after China and Japan bought up spot cargoes in high volume trading, and it looks like prices could rise further in the next couple of months

Some summer demand for August boosted the price of liquefied natural gas (LNG) in Asia at the end of June from three-year lows earlier in the month, providing an incentive to traders to re-export cargoes to Asia from Northwest Europe, where prices continue to be depressed with ample LNG supply and high storage levels.

Posted: 2019-07-02 00:18:00

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