Asian spot LNG prices are on the rise once again, prompting fear that another spike will happen sooner than later.

The world gas market needs Opec-like regulation to avoid energy crises, Saudi Arabia’s energy minister says.

LNG import prices, volumes and total trade value for 8 major Asian importers, Brazil, Spain, US, UK and the newly added Pakistan and Bangladesh from over 20 global markets, monthly from 1973.

LNG spot prices in Northeast Asia remained stable at $35/MMBtu, but tumbled $4.10 to $29.10/MMBtu in Southwest Europe.

Asian spot LNG markets are at a critical juncture. After topping $56/MMBtu last week, prices have since eased, and the question is where they will head now.

With spot prices going through the roof, Chinese LNG importers are keen to sign a cheaper term contract while prices remain low enough to attract end-users.

CEOs from three top oil traders warn the Energy Intelligence Forum that more price volatility is on its way as the energy transition gathers momentum.

The US is expected to continue playing a key role in a decarbonizing global market, officials tell the Energy Intelligence Forum.

A survey conducted by Jogmec shows that destination restrictions have eased in Japanese term LNG contracts since 2017.

Spot prices in Northeast Asia surged by a record $6.20 to $35 per million Btu and in Southwest Europe by $6.60 to $33.20/MMBtu.