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Unseasonably low Asian LNG prices trap volumes in Europe

Featuring Desmond Wong

October 30, 2014 10:20:00 EST (3:26 mins)

In this video Desmond Wong outlines how spot prices in Asia have failed to rise significantly, due to mild weather, resulting in high inventories and low demand for natural gas; the impact on the key Japan-Korea Marker gas price; and how storage volumes in Spain have hit record levels, and two year highs across the rest of Europe.


The following Platts oil assessments were discussed in this video:
PriceDate
UK NBP$11.17 MMBtu10/18/2014
JKM (Japan Korea Marker )$16.52 MMBtu10/18/2014

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