Liquefied natural prices on the Asia spot market surged to the highest in three years after QatarEnergy suspended production following Iranian strikes on its LNG facilities. According to traders quoted by Bloomberg, spot prices jumped twofold on last week, reaching $35.40 per million British thermal units. They could go further still, if Qatar LNG production remains suspended. QatarEnergy is the single biggest producer of liquefied gas, with its capacity representing 20% of the global total. Earlier in the week, before QatarEnergy announced the…
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