Mon, 30 Mar 2020 21:00:58 +0000

Development of mega LNG liquefaction projects continues to suffer in a coronavirus (COVID-19)-impacted market with low demand, historically low LNG prices and an oil price war on the sidelines. The LNG market started 2020 with record low spot LNG prices due to weaker-than-expected demand growth in Asia and additions to liquefaction capacity weighing heavily on …

 

Full article: https://www.hellenicshippingnews.com/coronavirus-to-create-new-normal-in-lng-shipping/