LNG Transportation
Asian spot LNG prices fall on abundant supply and weak demand
The Asian spot LNG prices fell slightly this week due to high storage inventories and continued low demand, as well as the lack of progress in peace talks with Ukraine. Average LNG price for delivery to North-East Asia in October Industry sources estimate that the price per million British Thermal Units (mmBtu) was $11.40, down from $11.65/mmBtu a week ago. Go Katayama is an LNG and gas analyst with Kpler. He said, "We expect further downward pressure on Asian LNG prices as storage levels continue to be elevated while the supply situation continues to firm up." The demand for heating...