Top LNG Buyer Asks Suppliers to Hold Off on Deliveries

The entire LNG world only knows simmering frogs by now and we are at the point where jumping is no more a question of optimization. Its survival. Imagine you are an LNG project and seller. Chances are that you still pay off the money you took out to build your stuff. And now you not only get record low prices for your stuff. You also can’t even dump your stuff if you wanted anymore. They must feel like Mogli looking into the snake’s eye. They don’t see the world moving around them.

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