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Asian prices weaken as demand slows during trade conference


  • Oil & Gas
  • Saturday, 22 Sep 2018

In the spot market, Malaysia's Petronas may have offered an LNG cargo for late-October delivery from Bintulu, a second industry source said, though this could not immediately be confirmed.  Malaysia's LNG exports fell this year as domestic gas pipeline issues have plagued the country since January.

In the spot market, Malaysia's Petronas may have offered an LNG cargo for late-October delivery from Bintulu, a second industry source said, though this could not immediately be confirmed. Malaysia's LNG exports fell this year as domestic gas pipeline issues have plagued the country since January.

SINGAPORE: Asian spot liquefied natural gas (LNG) prices weakened this week as demand slowed after a flurry of purchases in September and with many players attending a major trade conference in Barcelona.

Spot prices for November delivery fell to $11.50 per million British thermal units (mmBtu), down 50 cents from the week before, industry sources said.

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