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03 Nov 2021 | 04:47 UTC
By Eric Yep
An unprecedented surge in European natural gas prices and tight global gas supply have propelled Asian spot LNG prices to record highs, creating a perfect storm.
This new dynamic threatens to impact trade flows, trigger demand destruction and force buyers to reconfigure their energy procurement strategies.
At risk is energy security and affordability for many Asian players as the regions heads into peak winter with uncertainty around energy markets.
Click here for full-size infographic: http://plts.co/MQ3y30rZf9p