The Rush Is On For LNG Tankers ...Middle East

Economy by : (OILPRICE) -
Gas traders are scrambling to find enough LNG carriers ahead of the start of the next heating season amid the European Union's own rush to reduce its dependence on Russian energy. Among those seeking LNG carrier capacity are TotalEnergies, Shell, and China's Unipec, according to a Financial Times report that cited LNG shipowners and brokers. As a result of the rush, charter rates for LNG carriers have soared to the highest in 10 years, the FT noted in its report, to $120,000 per day, according to data from Clarksons Platou Securities. Some are…

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