Magnolia LNG project delay a minor setback for carrier market
LNG Ltd’s delay in making a final investment decision for the Magnolia project on the US Gulf Coast is a minor setback for the carrier market, which is hitting six-year highs. But it is also negative for LNG shipping because new FIDs are crucial for the long-term demand prospects
The final investment decision for Magnolia LNG is due in the first part of 2019
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