LNG Prices Surge to $26 as Asia Imports Hit 8-Year Low
Asian LNG demand is collapsing under high spot prices as September imports head for their weakest level for the month since 2018. North Asian spot LNG has climbed from about $10.40/mmBtu before the Middle East supply shock to roughly $26–$30/mmBtu, while Europe is pulling in more cargoes ahead of winter with gas storage still well below seasonal norms.
Read article