23 April | Gas

LNG prices in Asia surpassed European market figures for the first time in seven months

LNG prices in Asia surpassed European market figures for the first time in seven months

According to Spark Commodities, liquefied natural gas (LNG) traders are now finding it more profitable to sell cargoes of the US supercooled fuel in Asia rather than in Europe. This opportunity has opened up for the first time in seven months. Previously, LNG cargoes in the Old World had been priced above costs for the Asian region for many weeks.

The arbitrage window came after a series of production disruptions in some areas of the Eastern Hemisphere reduced LNG supplies in the Pacific Basin, notably in Malaysia and Australia. Meanwhile, the gas price in Europe declined due to storage replenishment and moderate demand.

Elena Berseneva MarketCheese
Period: 08.07.2025 Expectation: 1500 pips
EURUSD rally faces potential correction toward 1.165
Today at 06:46 AM 18
Period: 09.07.2025 Expectation: 1400 pips
USDCAD declines amid US dollar weakness and improving Canadian trade prospects
Today at 06:07 AM 7
Period: 08.07.2025 Expectation: 3000 pips
Buying Bitcoin during consolidation before July growth wave with 110,000 target
Yesterday at 11:09 AM 40
Period: 07.07.2025 Expectation: 2000 pips
Renewed tensions between Musk and Trump weigh on Tesla shares
Yesterday at 08:33 AM 39
Period: 07.07.2025 Expectation: 1900 pips
SPX may retreat to 5,980 following all-time high
30 June 2025 48
Gold sell
Period: 04.07.2025 Expectation: 5000 pips
Gold's six-month uptrend is under threat as prices test 3250 level
30 June 2025 128
Go to forecasts