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REDUCED PRICING OF LNG SHOULD REPLACE COAL IN JAPAN

Published On 14 Feb 2020 07:13 AM


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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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