Floating storage for LNG surges with more ships from Qatar

A high number of LNG vessels are currently identified as floating storages, adding to supply overhang of liquefied natural gas and tightening the market for shipping.

Photo: PR / BW Group
Photo: PR / BW Group
BY ANNA SHIRYAEVSKAYA, NAUREEN S. MALIK AND VANESSA DEZEM, BLOOMBERG

The number of liquefied natural gas tankers identified as floating storage appears to be peaking, tightening the market for shipping and adding to a supply overhang.

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