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LNG Market Snapshot — July 2014

  • At least five new vessels entered the global LNG fleet in May and June
  • LNG demand remains tepid in Asia and South America
  • LNG Demand in Europe remains largely unaffected by the situation in Ukraine but winter gas supplies may prove more challenging
  • The decline in tanker rates continues, but at a slower pace
  • LNG Containerisation could drive future demand up further and slash LNG shipping cost within a few years

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