The Wall Street Journal: Natural Gas Is Losing Its Shine for Ship Operators

31 May 2020

Jason Feer, head of business intelligence at energy broker Poten & Partners Inc., told an energy webinar this week that major producers such as Qatar, Nigeria and Malaysia have seen no demand for cargoes offered on the spot market.

Qatar, now the world’s largest LNG exporter, kicked off the race for big LNG vessel fleets. It is looking to order 40 carriers, but its plans haven’t been completed and the order may be delayed or reduced.

Mr. Feer said U.S. cargoes may be canceled until October.

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