25 April 2024
Record highs to record lows as Asian LNG spot prices tumble
Publication date: 15 July 2014
Gas Strategies Group
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Asian LNG spot prices are set to continue their downward trend and could conceivably drop below the $10/MMBtu mark analysts said this week, as Japanese data showed last month’s average spot cargoes on a delivered ex-ship (DES) basis was $13.80/MMBtu, down from $14.80/MMBtu the previous month.