Global liquefied natural gas (LNG) prices could remain under pressure as winter approaches, with relatively low gas inventories in Europe raising concerns over supply availability and affordability. The trend could have implications for India, where domestic consumers are already facing higher costs amid an increase in international energy prices.
\n\nAccording to a report by Jefferies, spot LNG prices climbed 6 per cent week-on-week to an average of $32 per million British thermal units (mmBtu). The brokerage expects prices to remain elevated during the winter months, partly because European gas storage levels are lower than those recorded last year.
\n\nThe report pointed out that gas inventories across the European Union (EU) currently stand at 75 per cent, compared with 83 per cent during the corresponding period in 2025.
\n\n“Domestic affordability is stretched at current prices,” the report noted, adding, “Hence, we expect gas prices to remain elevated as we head into winter.”
\n\nThe decline in European gas storage levels has raised concerns about the ability of the region to meet higher heating demand during winter. With inventories below last year's levels, the market could remain vulnerable to supply constraints, potentially keeping spot LNG prices high.
\n\nFor India, the development presents an…
Original source: https://www.timesnownews.com/business-economy
