Highlights:
- The temporary decrease in natural gas prices should help to eliminate coal utilization in Japan
- The spot price for the fuel reached a record low of 10 years for first week of February
The reduction in spot price of natural gas is a temporary phase which may have a major impact on the global market in the long run. The changes may affect thermal coal the most.
Tags : Japan, energy, LNG, price reduction, fossil fuels, spot price,
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