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Asian LNG buyers face challenges restocking for winter as Freeport outage ripples into Q4

June 17, 2022 Comments Off

The Asian LNG market is bracing for strong competition for restocking ahead of winter as prices down the curve rise significantly in mid-June, with Gazprom’s gas supply cuts and an extended Freeport LNG outage exacerbating already tight supply. A spike in September-December prices was increasing the cost of stocking up on LNG ahead of the peak winter demand season, market…