LNG

Some LNG traders were opting to pay fees for supplies they initially intended to send to Germany in order to chase higher profits in Asia, according to the country’s state-owned terminal operator.

“There are two, three cargoes that have not come recently, where you can see traders saying, ‘Oh, I’ll pay the fee for the terminal, but I’d rather go to Asia,’” said Peter Röttgen, Deutsche Energy Terminal (DET) Managing Director, talking with Bloomberg. 

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