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+--- Thread: Asian LNG +$18 (/showthread.php?tid=884)
- Tree - 05-26-2012
Good thing the yen is strong and Jobama is shopping.
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Global LNG-Asian LNG remains steady above $18
Fri May 25, 2012 10:30am GMT
PERTH May 25 (Reuters) - Asian liquefied natural gas (LNG) spot prices remained steady above $18 per million British thermal units(mmBtu) this week, as demand for spot cargoes from top importer Japan remained high but there was enough supply to keep a ceiling on prices.
LNG spot prices have risen to four-year highs in the last weeks as Japan heads into the summer, the peak period for electricity demand...................
- Palm - 05-26-2012
Man if you had a bunch of Nat Gas to sell, you'd be in good shape. I heard there could be some natty in the Pacific somewhere but not sure. Maybe Australia.