Thursday, 29 December 2016

Spot prices cross $ 9/mmbtu: Severe winter and supply disruptions to blame

Spot LNG prices in Asia-Pacific increased from USD4.2/mmbtu in May 2016 to USD8.0 in December 2016 and as much as USD9.2 for February delivery. 
8As a result, LNG import by India in November declined to 1.5 mmt, 5% below monthly import in 1HFY17...http://goo.gl/WNluOb

Click on the following links for more on this story:Spot prices cross $ 9/mmbtu: Prices won't stay this high for too long
Spot prices cross $ 9/mmbtu: PLL should not fear competitors, for now
Spot prices cross $ 9/mmbtu: November data
Spot prices cross $ 9/mmbtu: Is LNG use viable in Indian commercial vehicles?

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