LNG markets review: low prices could boost LNG demand in Asia, Africa, and South America

Global spot gas prices have been in a downward trend, with European spot gas and Asian spot LNG prices declining from around USD10 per million Btu at the end of 2023 to USD9s at the end of January and USD8s in late February 2024. The trend could stimulate appetites for LNG cargoes in LNG markets especially in Asia, Africa, and South America

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