Friday 9 January 2015

LIQUEFIED NATURAL GAS PRICE CRASHES BY 50%

LIQUEFIED NATURAL GAS PRICE CRASHES BY 50%, SAYS REPORT
As the price of crude oil dropped from $115 per barrel in June 2014 to less than $60 in December, a new report by Wood Mackenzie indicates that the spot price of Liquefied Natural Gas (LNG) also crashed from a peak of over $20 per million British Thermal Unit (mmbtu) in February 2014 to less than $10 per mmbtu in November 2014.

Read more @ Thisday Live

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