Japan's Nuclear Crisis to Shrink LNG Spot Market

Monday, March 21, 2011

A report from Platts said that the nuclear crisis in Japan could slow the development of spot LNG trading as buyers fearing increased competition for gas look to lock-in supplies through long-term deals, according to analysts. But the potential for increased future LNG demand could help speed up project sanctions for new liquefaction developments around the world, they said.

(Source: Platts)

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