imported liquefied natural gas (LNG) this financial year, wiping out nearly 40% of the profits of its utilities. This unwanted record came courtesy of the new sky-high prices that Japan has been paying for its LNG cargoes. The world’s largest LNG importer paid just more than US$9 per million British thermal unit (Btu) for its…
JAPAN: LNG import bill to skyrocket this year
Posted on March 5, 2008 by EnergyAsia