Asian prices jump on European gas spike

Financial Post | Sep 13, 2019 at 3:31 PM
  • Asian spot prices for liquefied natural gas (LNG) tracked a spike in the European gas market this week, rising for the first time in three weeks.
  • Traders quoted various levels for Asian prices as they moved sharply in reaction to developments on European gas market.
  • Asian and European physical gas markets have become more linked this year due to rising spot volumes, an increase in LNG paper trading and hedging.