The global LNG market is in the midst of a massive crash from which it is unlikely to recover in the next 15 years.The crash has been brought about by an over supply of LNG and a unanticipated cut back in demand in the main markets of Japan, South Korea and China.The situation looks grim as LNG demand is projected to fall rather then rise in these countries as alternative energy sources -- such as nuclear, solar and even coal -- squeeze out the appetite for gas.
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LNG price may stay at below $4/mmbtu till 2030-II: The onus falls on India but is it prepared?
Flint Hills resums US based cracker
Japan's Idemitsu Kosan Global starts maintenance at its SM unit
Thailand's PTT Global resumes prodcution in PE unit
Acrylonitrile price assessed higher in Asian market
Benzene market synopsis
Crude oil price decline in Middle east
Naphtha price sinks in Japan
Propylene price slips in Asian market
Ethylene price decreases in Asian market
OPEC Crude Daily Basket Price Decreases
Click on the following links for more story:
LNG price may stay at below $4/mmbtu till 2030-II: The onus falls on India but is it prepared?
Flint Hills resums US based cracker
Japan's Idemitsu Kosan Global starts maintenance at its SM unit
Thailand's PTT Global resumes prodcution in PE unit
Acrylonitrile price assessed higher in Asian market
Benzene market synopsis
Crude oil price decline in Middle east
Naphtha price sinks in Japan
Propylene price slips in Asian market
Ethylene price decreases in Asian market
OPEC Crude Daily Basket Price Decreases
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