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THIS WEEK: Japan buys more LNG and prices soar 18 percent to $824 a tonne

Wednesday, 22 May 2013

Japan is failing to find any price relief in its LNG as the cost of cargoes has jumped almost 18 percent in the past year because of high spot cargo and crude oil prices. No wonder the country is looking forward to the promised Henry Hub-linked prices of LNG from the US compared with the crude oil-indexed prices of Australian, Asian and Middle East cargoes.


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Last modified on Wednesday, 22 May 2013 09:16
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