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Asia's LNG price hits record high

 Last Update: 2021-09-29
 Source: Internet
 Author: User

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According to recent news from Reuters, Asian LNG spot prices have risen to the highest seasonal level on record as European customers compete for limited supply
.

According to sources, the average price of liquefied natural gas shipped to Northeast Asia in October was about US$20.
10 per million British thermal units, which was 0.
2 US dollars per million British thermal units higher than the previous week
.

The price for delivery in November is expected to rise to US$21/Mbtu

In addition, US natural gas futures prices climbed to a seven-year high in September, while European prices also hit a record high

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