LNG cargoes continue to flow to Asia as injections get underway in Europe, where the market is well stocked and demand is low. 

Asia has imported 93.8 million tons (Mt) of liquefied natural gas year-to-date, up 8% over the same time last year, according to Kpler data. Meanwhile, European imports of the super-chilled fuel are down 19% over the same time to 38.3 Mt. 

Both futures and spot Japan-Korea Marker (JKM) prices were trading near $9.50/MMBtu on Monday, above European gas prices, but low enough to entice spot purchases. Buyers from India, the Philippines, South Korea and Thailand have all been in the market with tenders over the last week, according to Kpler. 

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