Spot LNG prices in Northeast Asia eased 5? to $5.50 per million Btu on continued limited summer demand, according to World Gas Intelligence assessments for cargoes for delivery four to eight weeks ahead. In Southwest Europe, spot LNG prices fell 10? to $5.15/MMBtu. The UK National Balancing Point (NBP) day-ahead price tumbled 47? to $4.51/MMBtu and August futures dropped 380 to $4.53/MMBtu. Netbacks for Mideast sellers in Asia were up almost 20? on Southwest Europe, while UK/Belgian netbacks trailed Asia by nearly 500.
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