Japan’s spot LNG prices start to pick up

first_imgMETI’s data shows the arrival-based spot price was also at $3.80/mmBtu rising from last month’s $2.60/mmBtu but substantially down from $7.50/mmBtu recorded in June 2019. For illustration only (Image: NYK LNG) The effects of the Covid-19 coronavirus pandemic have weighed down on Japan’s spot LNG prices pushing them to record lows in previous months. The average contract price for spot LNG cargoes shipped to Japan in June stood at $3.80/mmBtu, according to data released by the Ministry of Economy, Trade and Industry. The ministry surveys only spot LNG cargoes purchased by Japanese utilities and other importers. But its still represents a decline when compared to the same month a year ago when the contracted price was $5.5/mmBtu. Japanese spot LNG cargo prices are showing signs of slight recovery following a record drop in May. This is a rise compared to a record low in May when the contracted price reached $2.20 per mmBtu. It excludes cargo deals linked to a particular price index such as the US Henry Hub.last_img read more

Widespread sadness at passing of tragic Lifford man Ruby

first_imgTributes have been paid to popular Lifford man Joe Ruby Colhoun who passed away in tragic circumstances at the weekend. Ruby spent months looking for his missing son David after he went missing along the River Foyle in 2011.Tragically Ruby was taken from the same stretch of river last week and sadly passed away on Saturday last. Devoted dad Ruby had spent months searching for his son along with rescue teams from both sides of the border.David’s remains were eventually located by a man doing digger work in February, 2012, giving the Colhoun family some shred of comfort.At the time Ruby had vowed to find his missing son so he could bury him alongside his mother and Joe’s late wife who had died of a brain tumour the previous year.When David’s remains were found, Joe said his search was over. The late David Colhoun.He said “This is all I have been looking for all these months. Our lives have been hell.“Now we can put David’s soul to rest once and for all. I could not have rested or stopped searching until I found him.“I no longer have to go down to that river everyday looking and knowing he is in there.“He is safe again now. He will be beside his mother forever and I can take some peace in that for the rest of my own days.”Tragically Joe was found in the River Foyle last Friday and passed away the following day. Tributes have been paid to the late Mr Colhoun who was a well-known fisherman and community activist.Among the many who paid tribute to the popular Lifford man were his friends at the Lifford Greyhound Track.May he rest in peace.Widespread sadness at passing of tragic Lifford man Ruby was last modified: August 9th, 2018 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more