Mon, 02 Aug 2021 21:00:58 +0000

The current LNG market scenario with high LNG demand in Asia and low storages in Europe indicates a ’summer with all attributes of winter’. The statement holds weight with spot LNG prices seven times higher than in 2020 while LNG shipping rates have doubled in June 2021 from last year. From ample supplies to scarcity …

The post Asia’s summer, Europe’s winter create explosion in LNG market first appeared on Hellenic Shipping News Worldwide.

 

Full article: https://www.hellenicshippingnews.com/asias-summer-europes-winter-create-explosion-in-lng-market/