<p>Global LNG prices surged to never-beforewitnessed heights in 2022, as market tightness and concern over supply gripped the market. The interconnectedness of gas markets in Europe and Asia-Pacific through LNG trade has resulted in the European benchmark, Dutch TTF, topping US$ 60 / MMBtu in 4Q 2021 while the spot Asian LNG benchmark, JKM, hit nearly US$ 60 / MMBtu in March 2022.</p>

<p>What is the short-term outlook for LNG markets across the Asia-Pacific region, and what are the key uncertainties?</p>
