LNG goes from doghouse to podium

Spot liquefied natural gas (LNG) prices in Asia have roared back to life in recent weeks, boosted by temporary and longer-lasting factors and recovering from being one of the commodities hardest hit by the coronavirus pandemic.

Spot cargoes for delivery in November to northeast Asia were assessed at $5.50 per million British thermal units (mmBtu) in the week ended Oct. 9, the highest price this year and a sixth consecutive weekly gain.

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.

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