LNG Surges as Japan Vies With China

LNG Surges as Japan Vies With China

Tomohiro Ohsumi/Bloomberg

A liquefied natural gas (LNG) tanker is moored in Sodegaura City, Chiba Prefecture, Japan. Liquefied gas costs surged about 33 percent after Japan’s March 11 earthquake and tsunami and have since climbed toward $16 per million Btu.