Jun 23, 2022
25:46 MINS
EnergyCents- Ep 80: Sail Away: Demand for LNG floating regas units booms post Ukraine invasion
The LNG industry counts 48 floating regasification and storage units (FSRU) in its global fleet, and demand has exploded as Europe seeks gas-supply optionality after Russia’s invasion of Ukraine. Charter rates have about doubled this year to approximately $200,000/day. S&P Global LNG Expert Andres Rojas joins EnergyCents this week to put the current FSRU-market tightness into perspective, and consider whether this short-term boom has long-term implications.
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