European gas prices drop again as demand weakens while Asian spot cargo price widens gap with Europe

Friday, 06 January 2023

European natural gas prices and LNG values dropped a further 16 percent this week amid mild winter weather and the Japan-Korea Marker for spot cargoes also declined, though at a slower pace and widened the gap to over $4.70 per MMBtu with Europe’s benchmark gas price as Germany was poised to receive regular LNG shipments.


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Last modified on Monday, 09 January 2023 10:33
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