September 16, 2021 – The Australian Financial Review
Pain as well as gain from soaring LNG prices
By: Angela Macdonald-Smith
However, the sky-high prices have some downsides for Australian producers, both in providing more scope for US LNG exports to compete in the Asian market and running the risk of derailing LNG import plans by emerging price-sensitive markets in Asia such as Vietnam.
The soft prices for LNG for much of 2020 largely left US LNG “mostly out of the money” for delivering to Asia or Europe, RBN Energy’s Lindsay Schneider said. Fast-forward to now and export projects such as Sabine Pass Train 6 and Calcasieu Pass in Louisiana are racing to begin operations, with several more projects following.
Read the full article here: https://www.afr.com/companies/energy/pain-as-well-as-gain-from-soaring-lng-prices-20210915-p58rvq
