LNG glut favours BD as spot purchases undercut long-term deals

Capt. John

Bangladesh has purchased liquefied natural gas (LNG) from the spot market at a price lower than that of its long-term suppliers, capitalising on a recent supply glut of the fuel despite the ongoing winter in Europe and other energy-hungry Western countries, according to market insiders. The country...

https://www.hellenicshippingnews.com/lng-glut-favours-bd-as-spot-purchases-undercut-long-term-deals/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon