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Empty LNG ships at biggest producer show how virus grips market

At least 12 LNG ships are idling off the coast of Qatar, a top producer of liquefied natural gas, as the coronavirus outbreak wreaks havoc in the international commodities markets.

Photo: AP/Ritzau Scanpix

At least 12 empty liquefied natural gas vessels are sitting idle off the coast of Qatar, one of the world’s biggest producers of the fuel, as the deadly coronavirus plays havoc with international commodities markets.

The reasons for the unusual gathering of ships aren’t immediately clear. But the timing coincides with ship diversions, cargo cancellations and reduced demand in Asia.

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