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According to Reuters on October 19 in Singapore, Asian LNG spot prices fell for the fourth consecutive week and were at their lowest level
in two months.
One important reason is that a new project in Australia has increased supply, and the United States has high hopes
for it.
Delivery prices in Asia have fallen to a low of $10.
4/mmBtu in December, the lowest level since mid-August, and prices for goods are expected to be $10/mmBtu
in November, industry sources said.
Oil prices will fall for the second week in a row amid high inventories as many contracts are oil-related and LNG prices are affected
.
Japan's Inpex delivered four cargoes from its large industrial project Ichthys in northwestern Australia between late October and November, two industry sources said, a sign that the company may be expanding production
.
12Next View full article
According to Reuters on October 19 in Singapore, Asian LNG spot prices fell for the fourth consecutive week and were at their lowest level
in two months.
One important reason is that a new project in Australia has increased supply, and the United States has high hopes
for it.
Delivery prices in Asia have fallen to a low of $10.
4/mmBtu in December, the lowest level since mid-August, and prices for goods are expected to be $10/mmBtu
in November, industry sources said.
Oil prices will fall for the second week in a row amid high inventories as many contracts are oil-related and LNG prices are affected
.
Japan's Inpex delivered four cargoes from its large industrial project Ichthys in northwestern Australia between late October and November, two industry sources said, a sign that the company may be expanding production
.
12Next View full article
12Next View full article
