LNG

Northwest Europe is evolving beyond being ‘a market of last resort’ for US LNG, as rising gas prices on the forward curve are propping up the economics and profit margins for shipping cargoes across the Atlantic. Just short of 70 mtpa nameplate capacity will be commissioned by 2019 from five US liquefaction projects. Over in France, the Dunkirk regas terminal awaits its commissioning cargo by July 8.

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