Chevron Australia Sees LNG Prices Holding Steady for Half a Year
Chevron Australia's president has expressed doubt about LNG prices dropping in the near future. According to Balaji Krishnamurthy, he 'has a hard time seeing the prices come down' within the next six months.
The surge in LNG prices began at the start of the US-Iran war and Australian LNG is now 'at a premium', given its proximity to Asia.