Thursday, January 22, 2015

Impact of Falling Oil Prices on LNG

Impact of Falling Oil Prices on LNG

By Edward Dodge
Julia Gillard Visits Papua New Guinea - Day 2
The recent surprise drop in crude oil prices is having big impacts on international LNG prices and may cause a slowdown in the development of LNG export plants globally. LNG is liquefied natural gas, cooled to a temperature of -260° F, for the purpose of compression and transportation. International shipments of LNG by container ship

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