- Indian Oil buys August cargo from Trafigura at $3.69/mmBtu
- CNOOC buys September cargo from Vitol at $3.90/mmBtu
- Last time cargoes traded below $4 was 3-4 years ago – trade
Cargoes of liquefied natural gas are trading in Asia below $4 per million British thermal units for the first time in several years, as new supply floods the global pool and as demand from North Asia remains weak, reports Reuters.
The last time a cargo traded below $4 was likely about three to four years ago, two of the six...
http://mfame.guru/update-of-asia-lng-spot-cargoes-trade-on-abundant-global-supply/