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https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/shipping/100522-global-lng-floating-storage-hits-record-high-on-steep-contango-ahead-of-winter
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Global LNG floating storage hits record high on steep contango ahead of winter - S&P Global
10/5/22 at 10:23am
Organization
S&P Global
Authors
Eric Yep
Vickey Du
Details
51 words
Summarize
Transportation & Logistics
Business & Industrial
storage hits
contango
LNG carriers
commodity traders
oil majors
The number of LNG carriers being used as floating storage globally has hit a record high as oil majors, commodity traders and other energy companies hold onto LNG cargoes and vessels ahead of peak win
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