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Mid-Year outlook Lloyds List magazine Tankers and Gas

Pandemic overhang clouds LNG uptick in second half

Liquefied natural gas trade has slowed drastically, pulled back by demand disruption linked to pandemic-triggered lockdowns and oversupply because of a warmer 2019–2020 winter in the northern hemisphere. Demand contraction has depressed LNG prices, which have already been a huge drag and look set to pull back trade and shipping rates as economies worldwide struggle

  • Analysis

The threat of a second coronavirus wave has dampened LNG demand and depressed prices to persistently low levels, which is not supporting ramp-ups at liquefaction plants

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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