Asian spot liquefied natural gas (LNG) prices dropped slightly for the first time in more than two months this week over expectations of weak demand, amid easing concerns around supply due to tensions in the Middle East.
The planned restart of Equinor s Hammerfest liquefied natural gas (LNG) plant, which was evacuated and shut earlier this week due to a gas leak, has been postponed until Saturday, transparency data showed on Friday. [Image" Equinor]
Global natural gas prices will come under pressure through the end of the decade as supply and shipping infrastructure grow rapidly, particularly in Qatar and the U.S., J.P. Morgan said in a report.