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HOUSTON (ICIS) – Asia spot LNG prices have fallen this week, with the September ’22 ICIS East Asia Index (EAX) down more than 9% on 21 July from one week ago. The EAX has declined in recent days after peaking above $40/MMBtu.

Natural gas flows along the Nord Stream pipeline from Russia to Germany resumed after planned maintenance, initial operator data showed on 21 July.

Uncertainty over Nord Stream flows also saw the ICIS TTF benchmark firm in recent days, while hot weather across Europe continues to raise energy demand for cooling systems. As market uncertainty deepens, the risk of volatility continues to be...