Monday, 16 March 2020 05:17
LNG price fall-out
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March 16 (LNGJ) - The slump in the oil price will take two or three months to feed through to LNG price realisations but will have a significant impact, according to Australian consultants EnergyQuest. “At a 12 percent slope to the oil price, the LNG price is US$7.80 per million British thermal units at an oil price of US$65 per barrel but only US$4.20/MMBtu at US$35 per barrel, a fall of 46 percent,” said the firm.
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