Welcome To The Questerre Energy HUB On AGORACOM

(Edit this message through the "fast facts" section)

Free
Message: The beginning of a trend?

Very interesting article in the New York Times about the first LNG plant in the US to be converted from importing gas to exporting gas.

"The central assumption behind the export strategy is simple: American gas prices are destined to be cheaper than European and Asian prices for years to come. At today’s prices, companies would be able to buy American gas at $4.35 per million British thermal units, and then sell the same gas in Europe or Asia for roughly double that price, since long-term contracts globally are still largely tied to high benchmark oil prices."

Share
New Message
Please login to post a reply