Global LNG demand to jump after nuclear crisis

Note: This section contains information in English only.
Source: Coommodityonline
The recent nuclear crisis in Japan increased the world's demand of LNG to 248.5 million metric tons. The demand is likely to exceed the commodity supply by 75 million mt over the next three years, reported Global LNG Market Short and Long Term Outlook. The LNG market is likely to achieve balance by 2020 but the lack of investment flow into the industry and shortage of qualified labour slow down the development of LNG projects.
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Wed, 21 Dec 2011 17:08:26 GMT

Copper futures approach one-week high

Copper futures saw essential gains, approaching one-week high after the USD suffered losses and optimism increased on the ECB sale of three-year loans.  Copper futures for delivery in March traded at USD3.411 a pound on the Comex division of the New York Mercantile Exchange during the early European trade, gaining 1.25% since opening.

Wed, 21 Dec 2011 17:08:02 GMT

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