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

LONDON (ICIS)–The extended closure of the Nord Stream 1 pipeline from Russia to Germany caused a major rise in TTF prices on Monday and a similar reaction for East Asian spot LNG prices.

Markets then fell over the week, with some expectation that prompt spot buying in East Asia was now focused on December rather than October and November.

In Europe, regional hub price spreads to the TTF were still wide, especially in France and Spain, but European spot LNG prices remain close to those in East Asia, pointing to competition over the winter months.

The shipping market heated up again with fresh enquiries for charters leading...