GLOBAL LNG-Asia spot LNG prices dip on tepid demand, healthy stocks

LONDON, Feb 9 (Reuters) – Asian spot liquefied natural gas (LNG) prices dipped this week, remaining below $10 per million British thermal units (mmBtu) for the fourth week running, with a limited outlook for recovery due to tepid demand and strong inventories. The average LNG price for March delivery into north-east Asia lost $0.10 this week to $9.50/mmBtu, industry sources estimated. “The winter is slowly coming to an end, and traders are shifting their focus towards the filling season and the next winter,” said Hans van Cleef, chief energy economist at PZ – Energy Research & Strategy. “Although there is still a risk that a cold front could hit either Europe or Asia resulting in a jump in demand, this…