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ICIS Reports That the Asian LNG Price Surge Kept in Check by Competing Fuels
PR Newswire - Wed Dec 18, 8:04AM CST
Spot LNG prices in Asia stabilised at around $19.00/MMBtu on the ICIS EAX, over the past four weeks, as East Asian buyers resisted paying substantial premiums to oil parity for the fuel. Tight availability and broad-based demand supported prices throughout the period.