Despite sliding global LNG prices over the past several months, Flex LNG Ltd. management said heightened European and Asian prices compared to Henry Hub are expected to continue driving U.S. infrastructure investment through the middle of the decade.

During an earnings call Tuesday, CEO Oystein Kalleklev said falling liquefied natural gas prices during the fourth quarter helped boost revenues and charter interest as some buyers, particularly in Asia, could afford to rejoin the market.

Kalleklev said the continued slide at the beginning of the year could also lead to a possible increase in gas demand across Europe, which is currently curtailing energy usage to compensate for lost Russian pipeline gas. Gas on the continent has become competitive enough to enter “the territory of...