Gas glut sees seaborne-trade increase but LNG future is uncertain

Pictured: the LNG tanker “Methane Lydon Volney” (IMO: 9307205) a 2006-built vessel with 78,957 deadweight and a gross tonnage of 95,753; Photo: Andrey Sharpilo and unsplash

In the latest “Resources and Energy Quarterly” (December 2020), the Chief Economist notes that volumes of seaborne LNG have increased despite COVID because of a massive gas glut.

While LNG appears to have a near-term future as a transition fuel, its longer term future appears to be uncertain owing to the desire for cleaner...

https://shippingaustralia.com.au/gas-glut-sees-seaborne-trade-increase-but-lng-future-is-uncertain/

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