Woodside Petroleum Ltd., Australia’s top natural gas producer, reported a steep 42% fall in third-quarter revenue from a year ago despite higher sales volumes, as its long-term liquefied natural gas (LNG) export contracts were hit hard by low oil prices from last quarter. Most of Woodside’s LNG contracts are with Asian customers and are indexed…
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NGI The Weekly Gas Market Report
Prolonged Oil Price Slide Factoring More into Global Natural Gas Market, Analysts Say
As the oil market rout continues, a clearer picture is emerging of its impacts on global natural gas trade, with analysts predicting both downside and upside consequences for various regions across the world.
March 11, 2020