# GLOBAL LNG-LNG Prices Climb to Highest Since February on Limited Supply - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> Asian spot LNG prices rose to $9.60 per million Btu, their highest for this time of year since 2014, on firm Chinese demand. Supply is expected to be limited in August due to maintenance at Sakhalin Energy platforms and the Angola LNG project. Some Indian buyers were reported to be considering coal instead.

- Date: 2018-06-01 · published 2018-06-01T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/64720-global-lng-lng-prices-climb-to-highest-since-february-on-limited-supply-energy
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tighter LNG supply and higher Asian gas prices strengthen the case for fuel switching and support energy costs in importing regions. The impact on feed commodity prices is indirect.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- energynow.com: https://energynow.com/2018/06/global-lng-lng-prices-climb-to-highest-since-february-on-limited-supply/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.