LNG spot prices have surged fresh highs last seen in 2018. Fundamentally, demand from East Asia and the Pacific (green) region on the chart below has steadily increased. Asia is entering their summer period which traditionally comes with higher LNG demand due to rising temperatures. The Asian region is important to overall natural gas consumption as Japan and China are two of the largest importers of LNG globally. Weather analytics will play a key role as the Asian summer develops because any unexpected rise in summer temperatures could spark unforeseen demand. The supply side shows a slight uptick in inventory as ... (full story)