Bloomberg: LNG Ship Rents May Rise to 8-Year High as Japan Cargoes Expand

“The cost of hiring ships to haul liquefied natural gas may exceed $100,000 a day for the first time since 2003 as Japanese demand for the fuel expands. . . . Qatar, the world’s biggest LNG producer, exported a record 997,000 metric tons of the fuel to Japan in April, according to Bloomberg data supplied by New York energy consultancy Poten & Partners. That made the Asian nation the largest consumer of the Middle East country’s gas.”