Japan's Future Relevance as LNG Market May be in Doubt

SUGAR LAND--October 17, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--In the past six months, Japan's liquefied natural gas (LNG) prices have dropped to $12 per MMBtu, significantly narrowing the spread. With more local supply from Australian offshore gas rigs set to be brought online in the next couple of years, the price differential may not be as favorable to either Japanese importers or American exporters.

Within this article: Details of the Sabine Pass LNG terminal by Cheniere Energy (NYSE:LNG) and the Gorgon offshore gas production project by Chevron (NYSE:CVX).