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Asia Pacific Europe Tankers and Gas

Coronavirus: LNG price collapse spurred by India lockdown

India’s resurgent demand was bolstering LNG spot trades earlier this year but with the country in self-imposed lockdown, fresh uncertainty has emerged over where volumes freed up from long-term offtake can find new homes

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The million-dollar question now is which importing country can pick up the slack from where India has left off so shipping rates on the spot market may stay supported

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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