Chevron Expects LNG Prices To Remain High in the Short Term
Chevron Australia said a lack of Middle East LNG flows and winter demand are keeping Asian spot prices near a 2022 high, with October cargoes at $26.00 per MMBtu.
6 Articles
6 Articles
Chevron Expects LNG Prices To Remain High in the Short Term
LNG prices are set to remain at elevated levels over the next few months amid the massive supply disruption from the Middle East, Chevron Australia says. “I have a hard time seeing the prices come down” in the next six months or so, Balaji Krishnamurthy, Managing Director of Chevron Australia, told Bloomberg TV in an interview on Monday. Australia’s LNG is trading at a premium in Asia now, considering the geographic proximity with the key demand…
Watch Chevron Australia President on LNG outlook
Balaji Krishnamurthy, President of Chevron in Australia, discusses the outlook for LNG supply and demand, and pricing levels, as energy disruptions continue on Middle East tensions. He speaks with Haslinda Amin, on the sidelines of Gastech in Bangkok, on "Bloomberg: The Asia Trade".
Key takeaways According to Balaji Krishnamurthy, General Manager of Chevron Australia, the cost of liquefied natural gas (LNG) will likely remain high for at least the next six months. In a conversation with Bloomberg TV, Krishnamurthy expressed skepticism regarding a rapid price decline, pointing to significant supply disruptions from the Middle East. Chevron's Australian assets Chevron has a […]
The cost of liquefied natural gas (LNG) in the world is unlikely to decline in the next six months or so, transmitting to Bloomberg the opinion of the President of the Daughter ... 14.09.2026, PRIM
The price of liquefied natural gas, which has jumped since the beginning of the US-Iran war, is unlikely to fall in the short term, according to Australia's Chief of Operations. Balaji Krishnamorty said in an interview with the TV Bloomberg today: I find it difficult to see prices fall in the next six months or so.
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