LNG Prices May Have Plunged, But A Rebound Is On The Horizon ...Middle East

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LNG Prices May Have Plunged, But A Rebound Is On The Horizon
Spot LNG prices have plummeted in recent weeks, allowing price-sensitive buyers in South Asia to re-enter the market from which they were priced out last year amid sky-high rates. Demand in Asia is tepid so far this year, but the wild card in energy markets—China—has yet to show the trajectory of a rebound in gas demand. Buying activity has been muted in recent weeks around the Lunar New Year holiday in China, and prices for delivery to north Asia slumped to the lowest levels since September 2021. Europe continues to welcome LNG cargoes,…

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