Russian shutdown of gas to EU countries causes sold-out markets for LNG ships
While Russia has turned off gas supply to some EU countries, LNG carriers report of a basically sold-out market. And according to an analyst, activity on the gas market may endure for a long time. ShippingWatch has interviewed Øystein Kalleklev, CEO of Flex LNG, on the outlook.
The high gas prices seen in Europe are a major source of frustration for the average person, but for carriers of liquefied natural gas (LNG), bad news for consumers is in many ways good news for business.
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