Asia liquefied natural gas (LNG) prices fell for a third straight week, as improved gas supply in Europe reduced the competition for LNG in Asia, though losses were limited by fresh demand from Pakistan and Turkey. The average LNG price for December delivery into Northeast Asia fell to $29.50 per metric million British thermal units (mmBtu), down $1.50 or about 5% from the previous week, industry sources said. European wholesale gas prices fell this week after flows from Russia through the Yamal pipeline resumed after a five-day pause. LNG cargoes were also sold from Oman and Australia in the spot market, the sources […]