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You are here: Home → Archive → 2009 → August → Weekly Edition 27th of August 2009 → Terminal closures see LNG carriers surging

Terminal closures see LNG carriers surging

by Martyn Wingrove — last modified Aug 27, 2009 04:59 PM

THE NUMBER of liquefied natural gas carriers operating on the spot market doubled this month to 15 vessels due to the closure of two export terminals in Norway and Indonesia.

StatoilHydro closed down the Snhvit plant in Norway and BP shut the Tangguh LNG export facility in Indonesia, releasing at least eight vessels dedicated to shipping LNG from these ports on to the spot market, for the next three months....

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