Скачать или смотреть Slowdown in Asian LNG demand growth could cause further de-coupling between JKM, Brent

Slowdown in Asian LNG demand growth could cause further de-coupling between JKM, Brent

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Описание к видео Slowdown in Asian LNG demand growth could cause further de-coupling between JKM, Brent

Growth in demand across Asia dominated headlines this winter as China in particular posted strong import volumes compared to previous years. However, demand is starting to soften this spring, along with seasonal trends, according to Jeff Moore, Manager, Asian LNG Analytics. As demand in Asia declines seasonally, it is pulling the Platts JKM price benchmark lower.

Meanwhile, Europe looks to restock more volumes as storage stocks were pulled to record lows toward the end of the winter. If the JKM links to hubs such as the TTF or NBP to allow more LNG volumes for injections into European storage fields, it could imply the JKM decoupling from Brent this summer to levels not seen for years.

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