Risavika LNG increased 1.7 % week on week and was at 35.80 EUR/MWh for July contracts. European gas prices remain bullish on tight supply. June is the maintenance period for many Norwegian supplies and French LNG terminals. Although there is no need for gas for heating, there is a demand for storage injections and power …
The post Maritime market update: LNG consumption as a marine fuel has almost doubled in 2020 first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John