LNG spot market prices in Asia recently fell below gas prices in Europe for the first time since 2015. Weak demand and a subsequent growth in supply pulled prices lower so far this year, and removed the premium that the JKM had over other demand markets. This pushed a significant amount of LNG into the European markets, which also weighed on prices as gas is competing with other fuels in the region. Jeffrey Moore, S&P Global Platts LNG Analytics Manager in Asia, explains why prices in Asia will have to maintain a position above European prices.