According to Price agency Platts, JKM LNG price has risen to record high, reports Reuters.
LNG at six-year high priceThe Japan-Korea-Marker (JKM) price for liquefied natural gas (LNG) assessed by S&P Global Platts has risen to a record high of $20.705 per million British thermal units (mmBtu), the price agency said.
Asian spot LNG prices are riding at six-year highs, as a cold spell in some countries prompted record imports into the region.
What is the reason?JERA, Japan’s biggest electricity...