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Latest Analysis / East of Suez Gas Service

GLMR #139-Winter 2020/2021 Outlook—Spot LNG Prices and Term Contracting Activities

Published: 15 September, 2020

Highlights:

  • NE Asia spot prices will increase until winter 2020/21 peaking in the US$5s/mmBtu range, but will remain below the forward curve we see today.
  • Record high inventories worldwide and the abundance of US gas supply and pipeline gas from Russia and North Africa will put downward pressure on global spot ...

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