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how gas will be priced and traded internationally in the future. Th e international gas trade is dominated by a reference pricing mechanismâoil indexationâthat originated in Europe in the 1960s but is under growing pressure there, bringing into question how natural gas may be priced in the future, not only in Europe, but in Asia and beyond. Historically, international trade in gas was quite limited, as gas was produced
Average Liquid Natural Gas Price. Liquid Natural gas or LNG is a clear, colorless and odorless element. The natural gas is required to be cooled down to as much as -161 degrees Celsius before it can be transformed into its liquid form. The price of liquid natural gas can be affected by the oil price which fluctuates based on various factors. The price of LNG can range $5/GJ to $12 G/J. As far as the green-field LNG projects are concerned, the construction cost can be as much as $1000 for per ton of LNG. +. Purchasing Guide.