Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, January 22, 2015

Impact of Falling Oil Prices on LNG

Impact of Falling Oil Prices on LNG

By Edward Dodge
Julia Gillard Visits Papua New Guinea - Day 2
The recent surprise drop in crude oil prices is having big impacts on international LNG prices and may cause a slowdown in the development of LNG export plants globally. LNG is liquefied natural gas, cooled to a temperature of -260° F, for the purpose of compression and transportation. International shipments of LNG by container ship

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