Unusual for Asian spot LNG prices to fall below Europe in peak winter Asian importers well-supplied with high gas inventories, normal weather Europe gas prices volatile due to Nord Stream 2 uncertainty Asian spot LNG prices have dropped below those in Northwest Europe in a rare occurrence as European gas supplies have tightened further heading into peak winter, while Asian utilities remain on the sidelines with strong inventory levels and stable demand. Receive daily email alerts, subscriber notes & personalize your experience. Register Now It is unusual for European LNG prices to surpass spot LNG prices in Asia, which relies on LNG imports much more than Europe, and especially in peak winter when demand from Japan, South Korea, China and Taiwan is at its highest, supporting the typical Asian premium. The S&P Global Platts LNG price for Northwest Europe for January delivery hit a new record of $41.946/MMBtu […]