S&P Global: Concern builds over possible shut-in of LNG plants as oversupply sinks prices

29 January 2020:

“What you get is a price that is today really close to not covering your variable costs,” said Jason Feer, head of business intelligence at oil and gas ship broker Poten & Partners. “We’re not quite there. But if you look at it today, basically what it shows is you don’t recover any of your liquefaction fees, and you are giving up a lot of freight … You are barely in the money.”

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