Asian Spot LNG Prices Reach Nearly Four-Year High
Asian spot liquefied natural gas prices rose to their highest level in nearly four years amid attacks on vessels near the Strait of Hormuz and escalating competition with Europe for cargoes ahead of winter.
By Marwa RashadAsian spot liquefied natural gas prices rose to their highest level in nearly four years as attacks on vessels near the Strait of Hormuz and escalating competition between Europe and Asia for cargoes kept the global gas market on edge ahead of winter.The average price for December de…