Record-low LNG rates could last for years
The big trading houses are experiencing a bright period, but for owners of LNG vessels, the coming years look dark. This is the opinion of many analysts, according to Bloomberg.
BY OLE ANDERSEN
The price of transporting liquid natural gas (LNG) is at its lowest in four years, and several analysts such as the London-based consulting agency Wood Mackenzie and Galway Group in Houston believe that it could be years before the rates start crawling back up, reports Bloomberg.
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