Suez ship congestion could delay 10 LNG deliveries to Europe, analysts say

This is going to be a far bigger problem for Asia than it is for Europe. Europe has a nice cushion of gas in storage at all times on which it can depend and it also has reliable pipeline supplies. They won’t suffer. But when Qataris cannot liberate their ships for the next cargo they have a bad problem on their hands. You can’t sink LNG in Asia. A missed LNG slot is like an airline seat – when it’s gone it’s gone.

Suez ship congestion could delay 10 LNG deliveries to Europe, analysts say

Dislodging a container ship blocking the Suez Canal, one the world’s busiest trade routes, may delay delivery to Europe of around 1 million tonnes of liquefied natural gas (LNG) on 10 vessels if the blockage…

Reuters