Bloomberg: LNG Traders Compete for Cargoes as Volumes Drop Second Year
“Exports of liquefied natural gas are contracting for a second year, diminishing the number of available cargoes at a time when companies from Vitol Group to Glencore Xstrata Plc (GLEN) are expanding their trading teams. Global exports in the first eight months were 5 percent lower than a year ago, according to data from Poten & Partners Inc., a New York-based shipbroker.”