The world's largest buyers of LNG are seeking mid-term, winter season supply contracts in an attempt to avoid increases in prices, which are averaging the highest since 2014 . LNG prices in northeast Asia are averaging at a price of $ 9.50 per million British thermal units, and have caused major LNG buyers such as LNG , LNG and Papua New Guinea LNG 's Jera to find an alternative to the spot market before the region's peak three-year .
The world's largest buyers of LNG are seeking mid-term, three-year supply contracts in an attempt to avoid increases in prices, which are averaging the highest since 2014. LNG prices in northeast Asia are averaging at a price of $9.50 per million British thermal units, and have caused major LNG buyers such as BP, PetroChina and Japan's Jera to find an alternative to the spot market before the region's peak winter season.