News
28 March 2019

Vitol's head of LNG expects supply shutdowns due to market glut

In:
Oil & gas
Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

Vitol Group’s head of liquefied natural gas trading has said that the outlook was bleak for LNG in the short term due to an “incredibly” oversupplied market, which would lead to some LNG output shutdowns.“We had record imports of LNG into Europe. Three years ago we saw 63...

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