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Gas Crunch Propels European Prices to Rare Premium Over Asia

  • Asian spot LNG prices slipped below Dutch gas benchmark
  • Asian buyers seen well-stocked for winter as Europe lacks fuel
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Europe has become a premium market for liquefied natural gas, increasing the likelihood of a supply boost to help get the continent through its winter energy crunch.

In a rare move during peak winter demand, spot liquefied natural gas prices in north Asia slipped below rates on the Dutch Title Transfer Facility hub, Europe’s biggest.