LNG orderbook nearly satisfies 2022 volumes
A new outlook by Wells Fargo securities dives deep into the state of the LNG supply chain and paints a positive picture for the next few years as key production projects kick off. Carrier spot and utilisation rates are facing a bright few years but expansion in the fleet could force a rate decline around 2021 and 2022
Wells Fargo warns that there could be an ‘air pocket’ in LNG rates in 2021 and 2022
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