North Asian LNG spot prices have strengthened, driven by increasing Chinese and Indian demand, together with the usual stock build for winter in Japan and South Korea.
The Australian government said liquefied natural gas export volumes, which grew by nearly 50 percent in 2015-2016, are forecast to double in the next three years as new production capacity comes fully on stream and will be valued at A$42 billion (US$32Bln) by 2022.