Competition for LNG Spot Cargoes Intensifies

Posted on Jan 23, 2008 in Markets and Competition | Comments Off

World Gas Intelligence [subscription required] reports on the impact that the globally competitive LNG spot cargo market is having on the price of gas. The article notes that high bids in Asian and European markets are fueling this competitive environment. WGI also adds that beyond baseload supplies being delivered to the Everett terminal in Massachusetts, very little LNG came into the United States in January.

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Competition for LNG Spot Cargoes Intensifies

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