Bloomberg News

Northeast Asian LNG Spot Price Falls on Weak Demand, WGI Says

May 02, 2013

Liquefied natural gas for delivery to Northeast Asia fell for a 11th straight week, driven by weak demand for short-term cargoes, according to Energy Intelligence.

Spot cargoes for delivery during the next four to eight weeks dropped to $14.75 per million British thermal units, the research company said on the website of its World Gas Intelligence publication. That’s down from $14.80 per million Btu on April 22.

To contact the reporter on this story: Chou Hui Hong in Singapore at chong43@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


Silicon Valley State of Mind
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus