Asia LNG Price Seen Rising to Five-Month High by WGI on Weather

Liquefied natural gas in Asia rose to a five-month high on cold weather and scarce cargoes, widening the premium to Europe, according to World Gas Intelligence.

Spot cargoes in northeast Asia rose 5.8 percent to $15.85 per million British thermal units, the highest since June 18, WGI said on its website today. The price in southwest Europe rose 1.9 percent to $11.

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