The spot prices of liquefied natural gas have gone through the roof this year as Europe suddenly became a major buyer in its attempts to reduce reliance on Russian commodities. Since last year, LNG spot prices were up 267 percent, averaging $57 per million British thermal units in the week to August 19, per Reuters data. However, this price does not reflect the supply situation of LNG. Reuters Clyde Russell noted in a recent column that LNG exports to Asia—the biggest market for the superchilled fuel—are seen at 20.59 million tons for…
Hence then, the article about lng prices haven t hit a ceiling just yet was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( LNG Prices Haven’t Hit A Ceiling Just Yet )