Concerns mount on lower price of LNG as US supplies swell
‘Freeport will add yet more production into an already weak market, as global spot LNG prices held at low levels around $4/million British thermal units in the four weeks from mid-July to mid-August,’ ICIS said
The US Energy Information Administration reported that deliveries of natural gas to customers had reached a monthly all-time high in July this year, with liquefied natural gas export facilities driving the increased demand
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