Asian spot prices rally to eight-year seasonal high
Remember last year? Yes, I am talking about 2020, less than one year ago. LNG was so cheap that you could not sell it for almost any price. There was some talk about LNG projects to ramp down. And today prices are so high that even the most expensive LNG projects are in the money. Still, this massive swing is bad for new projects. They should have put in some hard work developing new markets. Not building terminals in some faraway place but actually show the world what LNG can do besides replacing pipeline gas.
