Markets: Prices For November Soften After Earlier Strong Weeks

Markets: Prices For November Soften After Earlier Strong Weeks

Asian spot liquefied natural gas (LNG) softened for November delivery after several weeks of strong demand and tightening supplies led buyers to wait for a correction in prices.

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Global Markets: LNG Spot Prices In Asia Spike To Four-Year Highs

Asian spot liquefied natural gas (LNG) prices continue their upward trajectory, reaching seasonal highs not seen since mid-2014 when global oil prices were trading over $100 per barrel. This time, however, spot prices aren’t spiking on the back of exorbitantly high global oil prices but come as buyers in North Asia compete for cargoes with Mexico and Egypt amid supply outages from global producers.

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Mozambique Oil & Gas: “Our location is strategic for markets in Asia” – Minister Klemens

“Our location is strategic for markets in Asia Pacific and Atlantic and for opportunities in the Middle East and India. We have been identified as a new emerging global focus for the supply of LNG. Mozambican gas is of excellent quality, which gives it a competitive advantage in terms of cost,” Minister of Mineral Resources and Energy, Leticia Klemens, said.

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Mozambique Gas Summit: “Gas industry skirmishes diminish, but Asia looms as the battleground”

Yes, it’s that time again: after a spring lull and a winter of bitter repercussions from the country’s financial scandals, in the gas industry at least, its time to get back to work. So with microphones switched on, and notepads at the ready – everybody’s off to another Mozambique Gas Summit.

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Industry Upcoming Events: Graphite Supply Chain 2016, November 13

“The world’s new meeting place for the natural graphite industry”, is the catchphrase for Benchmark Mineral Intelligence’s annual gathering of world graphite industry experts and leaders, and a better meeting place would be hard to find.

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