Natural Gas Prices to Surge 71%

Source:

"LNG prices could jump as Japan and China fight for the resource and India builds out its massive power infrastructure projects."

The Street, Andrea Tse

Liquefied natural gas prices could jump 71% as Japan and China fight for the resource and India builds out its massive power infrastructure projects.

According to Bloomberg data, record Japanese imports to replace nuclear power after the Fukushima Dai-Ichi March-mega earthquake-induced disaster and a 27% leap in China's first-half purchases may send prices to roughly $20 per million British thermal units this winter, up 71% from last year and the highest since 2008. . .View Full Article

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