Will Pakistan Benefit From LNG Glut Pushing Prices to New Lows?
From the Blog riazhaqLNG spot prices hit a new low of $4 per mmBTU as the supply continues to significantly outstrip demand. It's creating opportunities for Pakistan to get access to large supply of cheap fuel for its power generation. With softening demand from China and 130 million tons per year (mmpta) of additional LNG supply set to reach market over the next five years, gas research firm Wood Mackenzie sees continuing downward pressure on global LNG spot prices. LNG Price History Source: WSJ “The entire industry is worried because it is hard to tell when China’s demand will pick up again,” said an LNG strategist at a Malaysian energy company who attended the Wood Mackenzie conference in Singapore, according to Wall Street Journal. “Rising demand from smaller countries such as Pakistan, Egyptpakistanblogs.blogspot.comRead Full Post
Allah’s anger
From the Blog tanveerrauf [image: Allah's anger] If the cause of earthquake is corruption As quoted by political and pious persons Poor are deceptive, wealthy are even more Why thence wealthy are not punished more pakistanblogs.blogspot.comRead Full Post
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