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Asia starting to look for spot LNG cargoes

Asian buyers are not inclined to enter a bidding war for spot cargoes as Europe pays up in order to secure supplies

Asia, which has been on the sidelines as Europe scrambles for liquefied natural gas volumes at premium rates, will have to start entering the fray at some point in order to restock. However, incremental demand is likely to be met from sources other than Russia, says Poten & Partners

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