LNG

Muted gas demand prevails across northeast Asia as comfortable stocks and a mild winter make buyers abstain from issuing large tenders for balance-of-winter and avoid calls for US spot cargoes, for now. But with JKM prices forecast to average $11.98/MMBtu in the first quarter of 2024 – just below oil-linked term gas supply – some private firms may seek to buy spot LNG rather than relying on their domestic suppliers. Our Markets Editor Anja Karl has more. 

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