Yahoo Canada Web Search

Search results

1. oilprice.com › Latest-Energy-News › World-NewsThree-Year Low in LNG Price Prompts Asia Buying Spree

   oilprice.com › Latest-Energy-News › World-News

   • Cached

   Mar 21, 2024 · A year ago, the average price was a whopping $18.75 per mmBtu. "We've seen some buy tenders coming in more frequently given lower Asian LNG prices, especially from price-sensitive buyers like ...

2. gasprocessingnews.com › news › 2024Lower LNG prices trigger surge in Asian spot market purchases

   gasprocessingnews.com › news › 2024

   • Cached

   Mar 21, 2024 · Asian LNG prices were at $8.30/mmBtu earlier this month, the lowest levels since April 2021, before seeing a slight boost to $8.60/mmBtu due to the spot buying. That is still far below the record $70/mmBtu hit in August 2022 following Russia's invasion of Ukraine that led some price-sensitive Asian buyers to switch to other fuels like oil and ...

3. Videos

   • 

     nasdaq.com

     GLOBAL LNG-Asia spot prices edge up as higher temperatures lift demand

     Jul 27, 2023

   • 

     3:46

     facebook.com

     Explained | Falling LNG Prices and Its Outlook

     Feb 14, 2020

     3.9K Views

   • 

     zeebiz.com

     Asia LNG spot price surges by 40% to record high

     Oct 6, 2021

   View all

4. www.reuters.com › business › energyExplainer: What's behind the wild surges in global LNG prices ...

   www.reuters.com › business › energy

   Oct 1, 2021 · Summary. Companies. Asian LNG prices surge from below $2/mmBtu to above $34/mmBtu. European gas storage at low levels, fuelling restocking efforts. Maintenance at LNG plants prolonged and delayed ...

5. oilprice.com › Energy › Energy-GeneralAsian LNG Prices Fall As Global Energy Crisis Eases

   oilprice.com › Energy › Energy-General

   • Cached

   Jan 12, 2024 · - Usual pricing seasonality saw Asian LNG prices peak in the winter period, but this year’s winter months have witnessed a continuous decline in LNG quotes as current spot rates dropped below ...

   • Author: Editorial Dept

6. oilprice.com › Latest-Energy-News › World-NewsFalling Spot Prices Trigger Surge in Asian LNG Imports

   oilprice.com › Latest-Energy-News › World-News

   • Cached

   Jan 5, 2024 · In the week to December 29, the average LNG price for February delivery into northeast Asia fell to $11.70 per million British thermal units (MMBtu) from $11.90 per MMBtu in the previous week, to ...

7. gasprocessingnews.com › news › 2024Global LNG—Asia spot prices hit near 3-yr lows as weak demand ...

   gasprocessingnews.com › news › 2024

   • Cached

   Feb 23, 2024 · 2/23/2024. SINGAPORE (Reuters)— Asian spot LNG fell to a fresh low this week, easing to its lowest levels in nearly three years, as weak demand in Asia and Europe weighed on prices. The average LNG price for April delivery into north-east Asia fell $0.50 this week to $8.30 per MMBtu, its weakest levels since mid-April 2021.

8. People also ask

   What are Asian LNG prices?

   • Asian LNG prices were at $8.30/mmBtu earlier this month, the lowest levels since April 2021, before seeing a slight boost to $8.60/mmBtu due to the spot buying.

   Lower LNG prices trigger surge in Asian spot market purchases | Gas

   gasprocessingnews.com/news/2024/03/lower-lng-prices-trigger-surge-in-asian-spot-market-purchases/

   See all results for this question

   Are Asian spot LNG prices competitive?

   • Pallavi Jain Govil, a senior official at India's energy ministry, said Asian spot LNG prices of $11/mmBtu and below were competitive. "We are committed to doubling gas in our power mix in the next six years so we plan to import more LNG," she told Reuters this week on the sidelines of the CERAweek energy conference in Houston.

   Lower LNG prices trigger surge in Asian spot market purchases | Gas

   gasprocessingnews.com/news/2024/03/lower-lng-prices-trigger-surge-in-asian-spot-market-purchases/

   See all results for this question

   How much does LNG cost per MBtu?

   • Those factors and high shipping rates sent LNG spot prices rocketing to a record $32.50 per mmBtu in mid-January, though prices returned below $10 by the end of the month. Prices have since bounced back.

   Explainer: What's behind the wild surges in global LNG prices and the

   www.reuters.com/business/energy/whats-behind-wild-surges-global-lng-prices-risks-ahead-2021-10-01/

   See all results for this question

   How much LNG will China buy in 2024?

   • In China, ICIS forecasts Chinese spot LNG purchases at 17 million tons in 2024, a 1 million to 2 million ton increase from last year when Asian spot prices averaged at $17.68/mmBtu.

   Lower LNG prices trigger surge in Asian spot market purchases | Gas

   gasprocessingnews.com/news/2024/03/lower-lng-prices-trigger-surge-in-asian-spot-market-purchases/

   See all results for this question

   Why did spot LNG fall to a record low in May 2020?

   • Spot LNG fell to a record low of $1.85/mmBtu in May 2020, when coronavirus containment measures snuffed out power demand just as new supplies from major producers including Qatar, Australia and the United States flowed onto the market. Global LNG exports Purchase Licensing Rights

   Explainer: What's behind the wild surges in global LNG prices and the

   www.reuters.com/business/energy/whats-behind-wild-surges-global-lng-prices-risks-ahead-2021-10-01/

   See all results for this question

   Will a price-led demand revival boost India's LNG imports in 2021?

   • The price-led demand revival could push LNG imports by the world's top buyer China beyond its record volume of 78.8 million metric tons in 2021 and also raise India's imports by about 10% this year, analysts said, tightening global supplies and ultimately lifting prices.

   Lower LNG prices trigger surge in Asian spot market purchases | Gas

   gasprocessingnews.com/news/2024/03/lower-lng-prices-trigger-surge-in-asian-spot-market-purchases/

   See all results for this question

9. finance.yahoo.com › news › global-lng-asia-spotGLOBAL LNG-Asia spot prices fall to 7-mth low as stocks ...

   finance.yahoo.com › news › global-lng-asia-spot

   Jan 12, 2024 · SINGAPORE, Jan 12 (Reuters) - Asian spot liquefied natural gas (LNG) prices slid for an eighth consecutive week to hit their lowest levels in seven months, as healthy storage levels in both Europe ...