Asian spot LNG prices have suffered a further decline from multi-year seasonal highs as demand remains low.
Asian spot LNG prices have risen for the second straight week and reached their highest point in over two months.
A tender by Pakistan to purchase six LNG cargoes for delivery in July and August has drawn six bids by trader Gunvor, three by Vitol and two by Trafigura.
Pakistan’s anti-corruption agency has approved an inquiry into former prime minister Shahid Khaqan Abbasi and his predecessor Nawaz Sharif over a LNG terminal project.
The latest ‘Global LNG Market Analysis & Outlook 2018 – 2022’ has been released by ResearchAndMarkets.com.
A pledge by Pakistan’s ruling party to end electricity outages ahead of a general election in mid-2018 is being undermined.