Oil majors beat traders, gas rivals to cash in on LNG price spike

Capt. John

Global energy majors including Royal Dutch Shell and Total are expected to benefit most from January’s gas price spike, beating rival trading houses and non-integrated producers thanks to their access to multiple sources of the fuel. Asian liquefied natural gas (LNG) prices have rocketed to record highs in January due to low stocks, a cold …

The post Oil majors beat traders, gas rivals to cash in on LNG price spike first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/oil-majors-beat-traders-gas-rivals-to-cash-in-on-lng-price-spike/

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