LNG

Global LNG buyers fear far-reaching ripple effects of the loss of 12.8 million tons, or 17% of Qatari LNG after force majeure was declared on Ras Laffan Trains 4 and 6, with repairs taking three to five years. Markets see quite a bit of anxiety” from buyers in Japan, India, South Korea and Bangladesh which are heading up to buy spot cargoes, Poten & Partners’ senior LNG analysts Irwin Yeo observes.

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