LNG Market Strikes Gold with Rising Asia and US Exports

A strong rise in prices in Asia and record US exports show how demand for LNG is bouncing back.
LNG prices in Asia have risen from lows around US$2 per million British thermal units to over US$9 this month.
It is driven by disruptions to supply from some large projects, including Gorgon and Prelude, and by a robust recovery in demand.
The growth in China’s gas demand has slowed to 4% this year, but LNG is increasing its share of the market and continues to grow at more than 11%.

According to a...