LNG sales in Chaozhou halve to 400 Mcm/d
LNG sales in the city of Chaozhou in China’s Guangdong province have halved from March, hitting 400,000 cubic metres per day, as a result of competition from cheap LPG.
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Half of Asia’s LNG could be spot-sourced by 2020
An oversupply of LNG in Asia is causing buyers to rethink how they buy the fuel and how to get the best deals.
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Oil and gas prices may go their separate ways
Oil and gas prices are diverging as a rebalancing of the market helps crude recover while LNG prices remain pressured by a supply glut.
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