Currently demand of LNG is rising dramatically than supply. As a result, the demand of LNG transportation will climb as well, leading to a positive outlook of LNG Market.

According to Park Moo-hyun, a researcher from Etrade, Japan’s LNG import volume and prices have decreased significantly after the 2011 earthquake, by around 11.2%.

Besides, Indonesia has cut the LNG export volume. On the other hand, Some Asian nations including China, as well as South Africa are all expressing an increasing demand of LNG. All these trends will bring LNG market a bright future.

Source from CNSS