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Global scramble for LNG tankers likely to boost gas prices further

September 7, 2022 Comments Off

A lack of adequate natural-gas tankers due to surging demand for the fuel particularly from Europe in the wake of a power crunch and limited supplies is set to spur another spike in LNG costs and lead to higher chartering rates, industry sources said. “Short-term charter vessels are still available scantily but long-term is not. There’s not enough supply [of…