An upcoming rise in liquid gas prices in Asia after stopping Russia's flow through Ukraine

It is likely that the stop of Russian natural gas to Europe via Ukraine increases competition with Asia and the high prices of alternative energy sources to compensate for the shortage of Russian gas. Ukrainian President Folodimir Zellinski said in a pamphlet on the “Telegram” application on Wednesday that his country hopes to increase the gas supply from the United States and other producing countries for Europe until prices become more convenient. Russia’s invasion of its neighbor in February 2022 led to the outbreak of the energy crisis in Europe, which caused regional price indicators and made natural gas in international markets. Haitong International Securities said Thursday: “This (to stop the Russian gas flow through Ukraine) will lead to a greater scarcity to the LNG market.” Europe must be compensated. Darling added: “We believe that the market will see a situation this year and perhaps next year in which demand excels on supply. The supplies, especially for liquid natural gas, will be limited, and we expect more risks to become immediate liquid gas prices during the current and next year.” On Wednesday, the gas flow from Russia to Europe through Ukraine, which was the most important course for energy transport to the continent in more than five decades. Although this step is expected of political interactions after months, Europe will still have to compensate about 5% of its gas needs and can depend more on stocks that have dropped to levels during this period of the year. Prices have risen pending to stop the flow of Russian gas through Ukraine, closing the gas index in Europe for 2024, with more than 50%. This increase has not yet been fully reflected in the most expensive liquid natural gas prices, and it is very dependent on countries such as Japan and South Korea.