SINGAPORE (The Straits Times/Asia News Network): Liquefied natural gas (LNG) prices in Asia have hit fresh records as Japan and South Korea, two of the region's largest buyers, start their procurement programme for the coming winter, industry sources said.
Europe s Insatiable Thirst For LNG Is Causing Blackouts In Developing Countries oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.
The war in Ukraine is depriving far-away developing countries of electricity, as the world's supply of liquefied natural gas used to produce power is swallowed up by European nations as an alternative to Russian gas.