Supply glut makes sellers seek out niche outlets

Wednesday, 02 November 2016

Though Asian LNG prices for November delivery rebounded slightly over the past ten days, the oversupply persists and helps open new markets: Indonesia and Jamaica have chartered floating storage units (FSUs) to underpin power plant projects. Puerto Rico, Ghana, Bahrain and Bangladesh are tipped as the ‘next round of new importers.’

Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial