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Northeast Asian LNG Spot Prices Little Changed as Supply Rises

May 15 (Bloomberg) -- Liquefied natural gas prices for delivery to Northeast Asia were little changed this month amid more supply and weak demand for short-term cargoes, according to Energy Intelligence.

The value of spot cargoes for delivery during the next four to eight weeks was unchanged at $14.30 per million British thermal units from May 6, the research company said on the website of its World Gas Intelligence publication. The price in Southwest Europe was $11.55 per million Btu, down 20 cents from last week, according to WGI.

To contact the reporter on this story: Chou Hui Hong in Singapore at chong43@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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