LNG in World Markets: Force Majeure Threat Exacerbates LNG Market
LNG in World Markets
7 February 2020
The impact of the coronavirus outbreak in China is growing with Chinese importers declaring force majeure or looking to divert or delay LNG deliveries as domestic demand falls sharply. Suppliers are scrambling to find homes for surplus cargoes amid falling prices and uncertainty about the outlook for LNG demand in China.
This special update from Poten provides details on what is happening and how importers and suppliers are addressing the situation.
