January 16, 2025 European gas futures, which often also influence Asian LNG spot prices, remain around 45% higher than they were a year ago, and contracts are trading at triple their pre-crisis (2022) levels to date.
The price spike “will get worse if inventories in Asia-Pacific are depleted,” said Jason Feer, director of global business intelligence at Houston-based energy brokerage Poten & Partners Inc.
To read the full article, click here.