Spare a thought for anyone who bet on a recovery in liquefied natural gas prices after last year’s 45 percent plunge. LNG to northeast Asia, home to the world’s biggest consumers, plunged 27 percent this year, outpacing Brent’s 23 percent slump as of Wednesday. While analyst estimates compiled by Bloomberg show that crude will recover in 2016, prices for the super-chilled fuel will probably extend declines by as much as 23 percent, according to a survey by Bloomberg. As the U.S. gears up to start a new LNG plant for the first time in more than four decades and output from Australia to Angola increases, the glut will peak in 2018, according to Sanford C. Bernstein & Co. LNG, which Goldman Sachs Group Inc. said will this year overtake iron ore as the world’s second most valuable commodity by trade , fell to its lowest level since 2010 in […]