Editor’s Note: This content is provided courtesy of Independent Commodity Intelligence Services (ICIS). Visit natgasintel.com/icis for more information.

LONDON (ICIS)– The price spread between the ICIS East Asia Index (EAX) and Dutch TTF widened over the week, with East Asian spot prices dipping on high utility inventory levels in Japan and the latest tender cargo awards from south and southeast Asia.

TTF gas prices firmed in contrast, largely driven by gains made early in the week following Russia’s Gazprom announcing that it was considering sanctions against Ukraine’s Naftogaz and potential listed persons, a reaction to claims made by the Ukrainian company in arbitration proceedings. Cold weather and rising heating demand also drove bullish sentiment on the TTF.

Germany...