NATS: Global LNG Market “Strengthening” Link Between Oil and Gas Prices in United States

Posted on May 5, 2008 in Markets and Competition | Comments Off

Late last week, NATS offered analysis of the latest LNG import figures released by the U.S. Department of Energy and commented that the trend of aggressive LNG purchasing by Japan, South Korea, and Spain is affecting the U.S. gas market. According to NATS, because Japanese and South Korean gas markets are so closely linked to the oil market, their activities in the LNG market is “strengthening what is normally a tenuous link between natural gas prices and oil prices in the U.S.” [Subscription required]

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NATS: Global LNG Market “Strengthening” Link Between Oil and Gas Prices in United States

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