Asian LNG Spot Prices Rise To 12s US dollars/MMBTU

摘要

Asian LNG spot prices increased to 12s US dollars/MMBTU. Tokyo Electric Power Company, or TEPCO, additionally procured LNG after emergency shutdown of its nuclear power plants. As a result, the sport prices went up from the prequake around 10 US dollars/MMBTU to 11s US dollars/MMBTU. Even after TEPCO finished its latest emergency procurement, inquiries are coming in from South Korea and Taiwan, which caused the spot prices to have been raised further.