Northeast Asian LNG Prices Fall for a Seventh Week, WGI Reports
Liquefied natural gas prices for near-term delivery to northeast Asia fell for a seventh week to their lowest in a year, World Gas Intelligence reported.
Prices for cargoes delivered in the next four to eight weeks declined 40 cents to $14 a million British thermal units, according to WGI’s own assessment of the market made on July 16 and published today. That’s the lowest since July 18, 2011, WGI data show.
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