Asian spot liquefied natural gas (LNG) prices dropped slightly for the first time in more than two months this week over expectations of weak demand, amid easing concerns around supply due to tensions in the Middle East. The average LNG price for June delivery into north-east Asia rose to $10.20 per million British thermal units (mmBtu), falling off the over three month-highs it hit last week, industry sources estimated. Asia LNG prices, which scaled a 15-week high this month, have either been largely flat or increased week-over-week since March. The rally in LNG prices has curbed Asian buyers’ demand for spot ... (full story)