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LNG demand response in Asia, Middle East: At what cost?

With Stephanie Wilson

December 08, 2015 07:33:51 EST (3:08)

LNG spot prices are under pressure. Contracted volumes into Asia have surpassed forecasted demand this year. And new demand centers are taking advantage of the lower LNG spot prices -- currently between $6 and $8/MMBtu. In this video, Platts managing editor for LNG in Asia Stephanie Wilson talks about the demand response in Asia and the Middle East, the LNG supply glut that is expected to worsen in 2016-2017, and the growing demand for floating storage and regasification units.

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