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Asia spot LNG prices hit fresh 45-month high

Asian spot liquefied natural gas prices rose to a new 45-month high, supported by Middle East disruption and strong South Asian demand ahead of winter, increasing competition with Europe.

Asian spot liquefied natural gas prices rose to a new 45-month high this week as disruptions tied to the conflict in the Middle East and strong South Asia demand ahead of winter continued to support prices and heighten competition with Europe. The average price for November delivery in…