6 May 2024
ANALYSIS: Asian LNG trade tightens as gas-hungry China gobbles up global 'glut'
Publication date: 17 November 2017
Gas Strategies Group
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The Asian LNG market appears to be tightening more than anticipated heading into winter as unconfirmed reports suggest that swing producer Qatar has sold nearly all cargoes out to April amid soaring gas demand in China.
Front-month swaps tied to Platts’ Japan-Korea Marker (JKM) LNG spot price for cargoes delivered in January 2018 have surged from around USD 6.50/MMBtu in June to as high as ...