Dec 10 (LNG) - The North Sea Brent crude oil price, which is the basis for oil-linked LNG prices for long-term contracts, has fallen by more than 22 percent since the start of November from $85 per barrel to $66.04 per barrel on December 10. The US Energy Information Administration noted this spectacular fall in its latest short-term energy report in which lower US benchmark Henry Hub natural gas prices were also forecast. The EIA expects the Henry Hub natural gas spot price to average $3.98 per million British thermal units this winter compared with $4.53 per MMBtu last winter, reflecting both lower expected heating demand and higher natural gas production.
