ShareholdersUnite Forums › Companies › InterOil Forum v
Current LNG Spot Price in Asia = US$ 7.60/MMBtu

Thread Rating:
  • 4 Vote(s) - 3 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Thread Modes
Current LNG Spot Price in Asia = US$ 7.60/MMBtu
Stavros Offline
Facts Are More Important than Fiction
*****
Posts: 1,598
Threads: 195
Joined: Dec 2011
Reputation: 303
#1
11-18-2015, 12:36 PM

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.

Drivel Maven with Personality
Website Find
Reply

jft310 Offline
What I Hear.......
*****
Posts: 8,568
Threads: 1,342
Joined: Dec 2011
Reputation: 380
#2
11-19-2015, 03:11 AM
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
Website Find
Reply



Forum Jump:


Users browsing this thread: 1 Guest(s)