LONDON, Oct 25 (Reuters) - Asian spot liquefied natural

gas (LNG) recorded its second weekly gain since the end of

August, amid concerns over supply disruptions due to

geopolitical tensions and lower feedgas volumes at U.S.

terminals undergoing planned maintenances.

The average LNG price for December delivery into north-east

Asia rose to $13.80 per million British thermal units

(mmBtu), up form $13.50/mmBtu last week, industry sources

estimated.

"Prices are holding firm, with the market continuing to

balance at high levels amid ongoing demand and geopolitical

tensions," said Alex Froley, senior LNG analyst at data

intelligence firm ICIS.

U.S. production has dipped over the week, with reductions at

the Cameron and Sabine Pass terminals due to planned

maintenance, he added.

Asian prices also tracked European gas prices at the Dutch

TTF hub, which hit a 10-month high on concerns over supply

disruption due to geopolitical tensions in the Middle East and

in Ukraine.

"For now, JKM (the Asian benchmark), just keeps up pace with

geopolitical developments in other regions as TTF seems to have

a slight premium over JKM when corrected for shipping and

insurance," said Klaas Dozeman, market analyst at Brainchild

Commodity Intelligence.

"The geopolitical increase of oil makes oil-indexed LNG a

bit more expensive, thereby slightly intensifying the spot

demand for LNG," he said, adding that investors are increasingly

likely accounting for a longer war in the Middle East.

In Europe, delivered LNG prices rose over the week, lifted

by gains at downstream gas hubs which came from several drivers

including an unplanned outage at Norway's Sleipner field and

adjustments to heating demand expectations for later this month

and through November, said Samuel Good, head of LNG pricing at

commodity pricing agency Argus.

S&P Global Commodity Insights assessed its daily North West

Europe LNG Marker (NWM) price benchmark for cargoes delivered in

December on an ex-ship (DES) basis at $13.196/mmBtu on Oct. 24,

a $0.25/mmBtu discount to the December gas price at the Dutch

TTF hub.

Argus assessed the price for December delivery at

$13.240/mmBtu, while Spark Commodities assessed the price for

November delivery at $13.104/mmBtu.

In LNG freight, the Atlantic rates dropped for a fifth

consecutive week to $20,750/day on Friday, while the Pacific

rates continued to decline for an eleventh straight week to

$36,750/day.

"Freight rates in both basins continue to be at their lowest

levels in five years for this time of year," said Spark

Commodities analyst Qasim Afghan.

Argus' Samuel Good said that the subsequent weakening of the

freight market has further increased the number of firms

incentivised to offer Atlantic cargoes to Asia.