*LNG prices in core Asian markets remain under heavy pressure as project start-ups outweigh weak seasonal demand. Latest official data on prices paid by Japanese importers shows an average of just $5.20/mn BTU was paid for cargoes contracted in April – roughly corresponding to May-arrival volumes – the lowest figure in three years.
*Latest Reuters market reports indicate a modest uptick in prices paid for June-arrival cargoes amid pre-summer buying. But the general picture remains one of lackluster incremental demand and buoyant output. (CONTINUED - 404 WORDS)
