How low can Asian LNG prices go?
The plunge in oil prices to $50/bbl will pull Asian term prices well below $10/MMBtu later on this year, with the cost of LNG likely falling to $8/MMBtu by spring.
- Natural Gas Daily ▾
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Egypt launches tender for third FSRU
Egypt is in the market for another FSRU as it seeks to bridge the supply-demand gap while it waits for new fields to come onstream.
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- Low LNG prices help to boost Japan’s trade balance
- Thailand’s PTT postpones $20 bln Vietnam refinery complex
- Gas Malaysia prepares to lift tariffs for ‘non-power’ sector
- Circle Oil suspends shares after doubling losses in 2015
- Indonesia may backtrack on energy subsidy cuts
- Ghana asks state utility to ‘urgently’ pay debt
- Iran’s Pars energy zone exports $1.7 bln of gas condensates
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- Global Gas Analytics ▾
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Market volatility will increase on EU uncertainty
The UK’s referendum on exiting the EU has turned the markets volatile, leaving traders facing risks on the oil price, UK-Continental gas spreads and macroeconomics.
Latest Headlines
- Increased gas supply pushes prices down in Europe
- Market volatility will increase on EU uncertainty
- Argentina attempts to wean itself off LNG
- Indonesia facing up to future of LNG imports
- Russian economic forum puts focus on Europe
- Henry Hub continues climbing towards $3/MMBtu
- Hub prices dip in Europe after a week of gains
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