LONDON, Jan 7 (Reuters) - Spot Asian liquefied natural gas (LNG) prices edged up this week to keep up with a renewed rise in European gas prices, but demand remains lukewarm due to high stock levels and average temperatures. Register now for FREE unlimited access to Reuters.com RegisterThe slightly higher price this week has been partly due to gains in European benchmark gas prices at the Dutch TTF hub in the first week of 2022. Although Dutch gas prices cooled in late December, they have been rising again this week on continued low pipeline supplies from Russia and a cold snap. "As such, confidence is high, with most markets shrugging off Indonesia's announcement of a coal export ban in January. Indonesia, the world's biggest coal exporter, suspended coal exports on Jan. 1 after the state power utility reported dangerously low inventory levels of coal.

Source: The North Africa Journal January 07, 2022 19:50 UTC