Asia LNG Prices Fall on Weaker Spot Winter Demand, WGI Says
This article is for subscribers only.
Liquefied natural gas prices in Northeast Asia dropped as buyers in the region reduced demand for February cargoes to focus on March shipments, according to Energy Intelligence Group.
LNG for delivery over the next four to eight weeks fell to $18.70 per million British thermal units in the week ended Jan. 20, from $19.30, the New York-based research company said on the website of its World Gas Intelligence publication. Southwest Europe prices slid to $15.75, from $15.85.