Structural tightening is underway in LNG market

The LNG market has kicked off 2021 by smashing records. An acute shortage of cargoes in Asia across Jan & Feb has seen cargoes transacting near 40 $/mmbtu and spot charter rates surging to 350k $/day. These extreme price dynamics come less than 9 months after record low prices. So far surging prices have been […]
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