← Back to Blog

LNG Market Snapshot — February 2015

  • 2 new additions to the global LNGC fleet, now 399 vessels in total
  • 34 more vessels scheduled for delivery in 2015
  • General vessel oversupply maintains pressure spot charter rates ($32-44,000/day, drop by up to 30% m-o-m)
  • Asian LNG spot market is sluggish – long-term, oil indexed prices could converge with spot prices
  • LNGC market at risk of being structurally oversupplied if whole order book materialises
  • LNGC spot charter market may be squeezed over the next 5 years if LNG export capacity shrinks further

Please log in to view
the rest of this report.


Not yet a subscriber?
Contact us today!

If you do not yet have an account with us and would like to register or find out more, please contact us using our client services form, send an email to admin@petrologica.com or call us on +44(0)1206 823 295.

by Alexander Wilk // 28 February, 2015

←   Back to Blog