Tue, 21-Oct-2025

LNG spot prices in Asia have risen by 16 percent as a result of Russia’s gas supply restrictions, according to Platts.

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

Pakistan LNG Limited will receive one LNG cargo from Vitol Bahrain

Pakistan LNG Limited will receive one LNG cargo from Vitol Bahrain

KARACHI: The suppliers gave a lukewarm response to the tender issued by the Pakistan LNG Limited (PLL), as only one supplier, Vitol Bahrain, made the offer for one cargo to be supplied in July 2021, a statement issued by the company said on Tuesday. Earlier, Pakistan LNG Limited had invited bids for the supply of … Read more