TOKYO -- The price of liquefied natural gas has plunged 43% from a year ago as supply outstripped demand, and analysts say there's little room for an uptick in the near future given strong competition and a slowing global economy.
Energy
LNG prices in Asia plunge 43% as new US supply hits market
Production at new fields in Australia and Russia adding to glut
Major LNG development projects have been launched around the world in recent years. © Reuters
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