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Converging prices drive LNG purchases nearer home

Gas trading will split into three regional markets by 2020 which will lead to fewer long-haul shipments, say analysts


THE tanker British Sapphire just finished its own version of Homer's Odyssey. BP plc's vessel, capable of holding 155,000 cubic metres of liquefied natural gas, set sail from Trinidad in mid-February in search of the highest price on world markets. It headed for Asia, changed...

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