Bloomberg: Argentina’s YPF Seizure Seen Raising LNG Cargo Costs
“Argentina must compete for liquefied natural gas with Asian buyers paying 38 percent more as cancels shipments after the government’s takeover of its YPF SA unit, according to Drewry Maritime Services Ltd. . . . Regional price differences are driving demand for ships that carry LNG. One million British thermal units cost $18.20 in Japan last month, compared with $9.39 in the U.K., according to data from New York-based shipbroker Poten & Partners.”