Chevron Expects LNG Prices To Remain High in the Short Term

LNG prices are set to remain at elevated levels over the next few months amid the massive supply disruption from the Middle East, Chevron Australia says. “I have a hard time seeing the prices come down” in the next six months or so, Balaji Krishnamurthy, Managing Director of Chevron Australia, told Bloomberg TV in an interview on Monday. Australia’s LNG is trading at a premium in Asia now, considering the geographic proximity with the key demand center, the executive told Bloomberg on the sidelines of the Gastech conference in...