LNG Bust Could Last For Years

Commodity prices have crashed over the past year, and the market for LNG is no different. Over the past five years or so, there has been a flurry of construction for LNG export terminals, as natural gas exporters hoped to take advantage of the sky-high prices for LNG in Asia. LNG prices jumped following the Fukushima meltdown in Japan – Japan was by far the world’s largest LNG importer before it was forced to shut down more than fifty nuclear reactors in 2011, and its dependence on imported natural gas spiked immediately after the disaster.…

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LNG Bust Could Last For Years

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