European LNG retains substantial premium over North Asian spot prices because of Asia’s power flexibility

Friday, 07 October 2022

European natural gas market prices remained at a substantial premium to North Asia spot LNG values, which were now even lower than the UK National Balancing Point price for November as LNG demand was very high in Europe for early winter, while Asian countries appeared comfortable with their current flows and storage as coal remained an easy option there in colder weather.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial
 
 
Last modified on Friday, 07 October 2022 09:39
Rate this item
(0 votes)