LNG spot prices in Asia have risen by 16 percent as a result of Russia’s gas supply restrictions, according to Platts.
SINGAPORE/LONDON, April 27 – After Russia curtailed gas supplies to Poland and Bulgaria, Asia liquefied natural gas (LNG) spot prices jumped 16 percent to $26.20 per million British thermal units (mmBtu), according to price agency S&P Global Platts. On Tuesday, the Platts Japan-Korea-Marker (JKM), a frequently used spot benchmark in the area, stood at $22.599 … Read more