Asia’s currently tepid LNG demand is set to become robust during the summer months as models suggest higher-than-usual temperatures across north Asia. A rise in Asian demand will support increased U.S. exports of liquefied natural gas, which are already at record highs, Reuters columnist Gavin Maguire notes. Early this month, Asian spot LNG prices for delivery into northeast Asia fell for the first time in five weeks as demand is weak while inventories are high, according to industry sources quoted by Reuters. However, as we move into the…
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