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European gas hub price may hit new lows amid plunging LNG demand fears

Europe TTF hub prices, already seen trading at 10-year lows, may crash to under $2 per mmBtu. Oxford Institute Energy analysts see Asian LNG demand dive from a prolonged coronavirus outbreak as one huge downside risk for European spot prices

More liquefied natural gas cargoes may head to Europe with demand expansion in Asia likely to fall short following the coronavirus outbreak

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