SYDNEY: The slump in liquefied natural gas (LNG) prices still has further to go, even after a plunge of 60% from last year’s peak, according to FGE, an energy consultant.
LNG prices may sink as low as US$4 per million British thermal units by 2017 because of a glut and probably won’t rise above US$8 before 2020, FGE chairman Fereidun Fesharaki said in a phone interview.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
