LNG

European Union liquefied natural gas and pipeline gas prices fell for a 10th week as storage inventories filled, particularly in Italy and Germany, helped by steady LNG cargo deliveries and low gas demand, while North Asian spot cargo prices also fell, though at a slower rate.

The liquefied natural gas fleet increased liftings amid a vessel shortage to carry spot Asian volumes with cargo prices soaring over 20 percent in a week and European gas benchmark prices following suit on supply concerns.