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LNG glut worsens

SLOWER than expected Asian LNG demand will give over-supplied customers power to leverage producers into more flexible contractual structures as shifting global trade patterns threaten new headaches for suppliers, the International Energy Agency said.

LNG glut worsens

The IEA's Medium-Term Gas Market Report issued yesterday noted that lower gas prices have not stopped demand from softening in traditional markets such as Japan and Korea - Australia's two key LNG customers,...

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