Asia Spot LNG Prices For September Rose 3.5%

Platts: Asia Spot LNG Prices For September Delivery Rose 3.5% Month-over-Month On Production Outages - dailymarkets | Monthly average prices of liquefied natural gas (LNG) for September delivery to Asia rose 3.5% from August to $16.005 per million British thermal units (/MMBtu), as production outages supported higher offers and bids, according to the latest monthly Platts Japan/Korea Marker (JKM) for month-ahead delivery. The monthly average Platts JKM for delivery in September was assessed over the period of July 16 to August 15. This marked the second consecutive month-over-month gain in the monthly average JKM. On a year-over-year basis, the average September JKM increased 18.4%. On a Year-over-Year basis, September Prices Were Up 18.4% Versus 2012