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Global LNG Exports Reportedly Drop 20% from Early-Mar, Hitting 6-mth New Low
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Global liquefied natural gas (LNG) exports have fallen to a six-month new low, Bloomberg quoted Kpler's vessel tracking data as saying. The 10-day moving average (MA) of LNG transport volume has decreased by approx. 20% from the beginning of the month to 1.1 million tons. The decline is primarily from Qatar, followed by the UAE, as both countries need to transport fuel to Asian and European customers through the Strait of Hormuz, according to the data. AASTOCKS Financial News Website: www.aastocks.com |
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