Prices Dip in Asia, Hold in Europe as Winter Buying Draws to Close

摘要

Spot LNG prices in Northeast Asia dipped 15? to $10.50 per million Btu, according to World Gas Intelligence assessments for deliveries four to eight weeks ahead, with demand expected to ease following the end of the northern hemisphere winter, typically around early March. Spot LNG prices in Southwest Europe held at $8.50/MM Btu. The UK National Balancing Point day-ahead price was assessed 42? higher at $6.99/MMBtu on cold weather, while March futures inched up 1? to $6.79/ MMBtu. Netbacks for Mideast sellers in Asia were almost $1.60/MMBtu higher than in Southwest Europe and nearly $3.70/MMBtu higher than in the UK/Belgium.