Vietnam.vn News: Lack of Russian gas, consumers ‘hurt their wallets’, Germany continues to suffer, Asia suffers, money still flows steadily into this country

January 16, 2025 European gas futures, which often also influence Asian LNG spot prices, remain around 45% higher than they were a year ago, and contracts are trading at triple their pre-crisis (2022) levels to date.

The price spike “will get worse if inventories in Asia-Pacific are depleted,” said Jason Feer, director of global business intelligence at Houston-based energy brokerage Poten & Partners Inc.

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