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+--- Thread: Current LNG Spot Price in Asia = US$ 7.60/MMBtu (/showthread.php?tid=9374)
Current LNG Spot Price in Asia = US$ 7.60/MMBtu - Stavros - 11-18-2015
According to Japan's METI (Ministry of Economy, Trade and Industry):
1. The average price of spot-LNG imported into Japan that was contracted in October 2015 is 7.6 USD/MMBtu.
2. The average price of spot-LNG imported into Japan that arrived in October 2015 is 7.9 USD/MMBtu.
NOTE: Papua LNG will make a very handsome profit at this depressed Spot Price. It is nearly 100% certain that LNG price in 2020 and beyond will be measurably higher.
RE: Current LNG Spot Price in Asia = US$ 7.60/MMBtu - jft310 - 11-19-2015
Wood Mac measures contracted supply and expected demand and Interoil posts their independent work on their slides . Supply drops and demand increases per Wood Mac in the 2020's