LNG tankers stranded off Singapore, Malaysia as demand outlook weakens
29.10.2018
MOSCOW (MRC) - A fleet of half a dozen tankers carrying unsold liquefied natural gas (LNG) has been floating in Singapore and Malaysian waters for up to two weeks as winter demand in Asia looks weaker than initially expected, as per Hydrocarbonprocessing.The ships together carry around a million cubic metres of LNG, worth more than USD200 million at current spot market prices. One of them