Daily LNG price update (contracts live!)

Thursday, 22 January 2015

LNG contracts live! From the ABC:

Chevron has announced it has signed a gas supply deal with a South Korean industrial conglomerate.

The five-year agreement, which commences in 2017, will see the US oil and gas giant supply 4.15 million tonnes of liquefied natural gas (LNG) from its Gorgon project, on Barrow Island off Western Australia’s Pilbara coast.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.