Asian LNG Buyers Wait For War Premium In Natural Gas Markets To Fade

Asian LNG Buyers Wait For War Premium In Natural Gas Markets To Fade

OilPrice.com

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Amid comfortable levels of inventories for this time of the year, Asian LNG buyers have been sitting on the sidelines of the spot market this week, hoping for the surge in natural gas prices after the Hamas attack on Israel to fade. Natural gas prices in Asia and Europe jumped this week, following a suspected sabotage on an offshore gas pipeline in Europe and the threat to supply from the Eastern Mediterranean in case of further flare-ups in the Hamas-Israel war.   Buyers in Asia are not rushing this week to buy spot LNG supply for the winter…

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