Market Insight

Traders Say Asia Spot LNG Prices Have Likely Reached Bottom

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Asia spot LNG prices are close to or may have already found the bottom, traders on both the buy and sell side of the market tell Energy Intelligence. A ten-week long bearish price trend came to an end this week, as World Gas Intelligence’s assessments of northeast Asian spot LNG prices jumped $1.65 week on week to $14.85 per million Btu.

LNG Spot Trade, LNG Trade, LNG Supply, LNG Demand, LNG Prices, Gas Supply, Gas Demand, Gas Inventories, Gas Prices, Gas Spot Markets
Wanda Ad #2 (article footer)
International energy companies need to remember to increase emissions scrutiny and meet climate goals if gas and LNG will continue to reign supreme.
Tue, Mar 28, 2023
Unlike other North American basins, Western Canada’s gas-rich Montney Shale has seen a burst of consolidation that shows little sign of abating.
Fri, Mar 31, 2023