ASIAN LNG RATES FACE MORE THAN 10-YEAR LOW

Highlights:

• Spot prices for Asian liquefied natural gas (LNG) plummeted to multi-year lows in this week.
• This is suspected to be pressured by a lack of demand to consume abundant supplies.

The milder-than-usual winter months in both Asia and Europe curbed demand. In fact, some deals done below USD 4.00 per million British thermal units (mmBtu) this week. It is the lowest level in ....