Oil’s historic meltdown provides relief for LNG importers

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Oil’s historic meltdown provides relief for LNG importers
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Asian spot price is expected to fall as a knock-on effect on oil collapse. FMTNews Oil LNG

LONDON: The rout in oil prices may well put a smile on the faces of liquefied natural gas buyers.

That means that some of the biggest importers — including Japan, China and South Korea — largely missed out from record low spot prices triggered by a milder winter and the startup of new supply.

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