Asia Premium Narrows Slightly as Italian Buying Picks Up

摘要

Asia's price premium to Europe narrowed slightly this week, as spot LNG prices for Northeast Asia held flat at $8.40 per million Btu, while Southwest European prices rose 100 oyer the week to $6.65, according to new WGI price assessments, from Monday for spot cargoes for delivery four to eight weeks out. The Spanish market remains quiet, but traders say the prolonged outage of the Transitgas pipeline from Switzerland to Italy is keeping the Italian market lively (p2). Greek buying interest has also been reported.