# Asia LNG spot prices steady at 3-year high on outages, tender awards, oil

> Asian spot LNG prices held near three-year highs at $9.85/MMBtu for January delivery. Support came from an Indonesian Bontang outage, higher oil and European gas prices, and Indian tender demand.

- Date: 2017-11-27 · published 2017-11-27T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/68159-asia-lng-spot-prices-steady-at-3-year-high-on-outages-tender-awards-oil
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Routine price commentary with no major new supply shift, though the Bontang outage could push Japanese buyers toward alternative supply. Gas prices remain elevated, which keeps energy and fertilizer costs high.

## Read by commodity

- NATGAS: neutral

## Sources

- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2017/11/asia-lng-spot-prices-steady-at-3-year-high-on-outages-tender-awards-oil/

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