Experts expect a reduction in LNG prices to follow the slump in oil prices
Edited by Rhod Mackenzie / 2013-06-04 08:04:47
Within the nearest years the prices of LNG tied up to oil prices will probably reduce following the reduction of oil prices at the world market in conditions of increase of extraction in North America and low demand, experts note.
This situation can make the things easier for Asian importers of LNG and threaten the competitiveness of American LNG enterprises producing the LNG the value of which is based on Henry Hub trading platform, Finmarket reports.