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.
BW LNG carrier | Photo: BW Shipping
BW LNG carrier | Photo: BW Shipping
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.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading