Search results
- Traditional price formulae still prevail for a majority of LNG imports in Asia, with over 70% of natural gas sales subject to oil price indexation as of 2017. The demand shock caused by the aftermath of the 2011 Great East Japan Earthquake led to the emergence of an Asian LNG spot market.
www.iea.org/reports/lng-market-trends-and-their-implications
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.
- Softer spot LNG prices see demand gain, contrast with ...
LAUNCESTON, Australia, March 13 (Reuters) - Lower spot...
- Asia spot LNG prices fall to 7-week low on tepid demand ...
LONDON, Dec 1 (Reuters) - Asian spot liquefied natural gas...
- Softer spot LNG prices see demand gain, contrast with ...
Mar 13, 2024 · LAUNCESTON, Australia, March 13 (Reuters) - Lower spot prices for liquefied natural gas (LNG) in Asia have yet to drive a significant boost in demand for the super-chilled fuel, although...
Dec 1, 2023 · LONDON, Dec 1 (Reuters) - Asian spot liquefied natural gas (LNG) prices fell this week to a 7-week low despite cold weather, as demand remains muted and global supply conditions ease after...
Mar 8, 2024 · No. 1: Low natural gas prices are bringing more buyers back to the spot market for cheap LNG cargoes before costs rise, particularly in Asia. Buyers in China, Bangladesh and South America have...
- Jamison Cocklin
- Asia’s Demand Rally Set The Spot Price Rollercoaster Moving
- Asia Warming to LNG Contracting Once Again, But Suppliers Must Be Competitive
- Asia Leading The Push For 'Green' LNG
From the lows of below US$2/mmbtu in summer 2020, Asian LNG prices had spiked to unprecedented levels by February 2021. And while nobody was expecting prices to climb as dramatically as they did, the conditions that set up the price rally through November to January were clearly forming several months earlier as rebounding Asian demand wasn’t met b...
Asian LNG contracting is now recovering after a period of low activity last year due to the uncertainty caused by the pandemic. However, along with this recovery a new competitive pricing paradigm is emerging. Recently signed LNG-term contracts are founded upon notably lower levels of oil indexation, typically in the range of 10-11%. The key mover ...
With LNG ranking among the most emission-intensive upstream resource themes, Asian buyers over the past year have raised their awareness of the carbon footprint of LNG. This focus on emissions – largely by buyers in Asia - is changing the market and driving the development of both carbon-neutral LNG and a far greater scrutiny of the carbon emission...
May 8, 2023 · China's spot demand for LNG has been below expectations to date in 2023 as it continues to utilize coal and renewable energy to meet its requirements. Downstream truck LNG prices, which provide a significant source of demand for imported LNG, have also been lower than spot LNG prices.
People also ask
Are lower spot prices limiting demand for LNG in Asia?
How much does spot LNG cost in Asia?
Will lower spot prices boost demand for liquefied natural gas in Asia?
Why are Asian LNG prices so low?
Is Asia ready for 'Green' LNG?
Will Chinese spot demand take advantage of softer LNG prices?
Feb 17, 2023 · South Asia is back on the spot market for liquefied natural gas (LNG) as prices have dipped to the lowest in a year and a half, prompting the price-sensitive buyers in the region to buy the...
