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LNG market seen in worse state than oil

2015-12-07 03:39:25| Oil & Gas - Topix.net

The crude oil market is seen as being in dire straits, but liquefied natural gas is much worse, according to experts. Hanging as a dark cloud over the market for the next several years are large volumes of LNG from committed US export projects that have firm sales contracts but have yet to be sold to end-users.

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