{"id":427051,"date":"2021-07-23T10:43:39","date_gmt":"2021-07-23T05:13:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=427051"},"modified":"2021-07-23T10:43:39","modified_gmt":"2021-07-23T05:13:39","slug":"lng-imports-dip-17-in-june-as-prices-soar-local-output-rises","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lng-imports-dip-17-in-june-as-prices-soar-local-output-rises\/","title":{"rendered":"LNG imports dip 17% in June as prices soar, local output rises"},"content":{"rendered":"<p>Import of liquefied natural gas (LNG) dropped 17% in June over the last year as prices soared and local gas production expanded.<\/p>\n<p>LNG prices in the spot market have risen as high as $14 per metric million British thermal units (mmBtu), curbing demand and prompting many consumers to switch back to cheaper fuel oil.<\/p>\n<p>The spot prices had dropped to a record low of $2 per mmBtu last year but have been above $10 for the past few months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Import of liquefied natural gas (LNG) dropped 17% in June over the last year as prices soared and local gas production expanded. LNG prices in the spot market have risen as high as $14 per metric million British thermal units (mmBtu), curbing demand and prompting many consumers to switch back to cheaper fuel oil. The spot prices had dropped to a record low of $2 per mmBtu last year but have been above $10 for the past few months.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-427051","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=427051"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427051\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=427051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=427051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=427051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}