Asia spot LNG at 3-month peak on steady demand, supply disruption

An LNG (Liquefied Natural Gas) ship loads gas to a cruise ship in Barcelona, Spain, January 29, 2024. - REUTERS/Albert Gea/File Photo

SINGAPORE: Asian spot liquefied natural gas (LNG) prices edged up this week, reaching the highest levels in three months, as they remained supported by steady demand and supply disruption concerns.

The average LNG price for May delivery into northeast Asia rose to $9.80 per million British thermal units (mmBtu), its highest since Jan. 12, industry sources estimated.