LNG

European Union liquefied natural gas prices eased on the week and were surpassed by UK wholesale natural gas prices while Asian spot values for November edged higher as competition between Atlantic and Pacific Basin buyers gathered pace with cargo liftings increasing and spot carrier charter rates surging.

Australia’s charter member of the International Gas Union (IGU), the Australian Gas Industry Trust (AGIT), has appointed its first Executive Officer, Dr Jen Thompson, to further develop core objectives of promoting LNG and gas industry research and public education.