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LNG floating storage set to reach record high

Top LNG exporter Qatar has opted to keep up production levels and deployed tankers to store cargoes with no ready buyers. That has contributed to rising LNG floating storage volume, which looks set to surge this autumn past recent highs seen last October, Poten & Partners suggests

A build-up in LNG floating storage would dampen the prospect of significantly improved prices for the commodity in the coming winter months

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