Global LNG-Asian LNG prices rise above $15/mmBtu on demand

phantom power

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Fri Aug-19-11 09:44 AM
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Global LNG-Asian LNG prices rise above $15/mmBtu on demand

(Reuters) - Asian liquefied natural gas (LNG) spot prices for September rose above $15 per million British thermal units (mmBtu) during the week, with strong Asian demand keeping prices high.

"Asian markets were holding just north of the $15 level for cargoes as the demand for LNG continues to ramp up," ICAP analysts said in a note.

http://uk.reuters.com/article/2011/08/19/markets-lng-idUKL4E7JJ2A320110819?rpc=401&feedType=RSS&feedName=governmentFilingsNews

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