“East Asian spot LNG is responding to some local bearish factors with terminal tanks are considered to be close-to-full. Europe, meanwhile, continues to rally on the back of developments concerning Nord Stream 2 and the growing tensions in Ukraine,” said Tom Marzec-Manser, head of gas analytics at data intelligence firm ICIS.
“The pricing dynamics across Europe are now very attractive and traders will try to get as many cargoes in as possible.