Asian Spot Prices Jump on Russian Supply Concerns, Pelosi's Taiwan Visit
KONTAN.CO.ID - LONDON. Asian spot liquefied natural gas (LNG) prices continued their rise towards record levels this week on an expected pick-up in demand from China as it eases Covid rules and ongoing concerns over curtailed Russian supply to Europe.
The average LNG price for September delivery into north-east Asia LNG-AS was estimated at US$ 45 per million British thermal units (mmBtu), up US$ 2,5, or 5,9%, from the previous week, industry sources said.
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