LNG prices in Asia rose to more than $16/MMBTU as per the data from S&P. The pricing reflects latest purchases in China at the marked rate.
The data showed that PetroChina was selling shipments for delivery to its Fujian terminal in China on September 4-8 at $ 16.14 per MMBTU as per the data reported by S&P Platz service.
The LNG prices remained at the Years high as upbeat demand from China and other countries amid economic revival drives the LNG prices globally.
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