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What do NGI’s West of Suez LNG Vessel Rates represent?
NGI’s West of Suez LNG Vessel Rate Curve indicates what spot market LNG vessel rates could look like in the Atlantic Basin for the next 12 months, based on current LNG vessel rates and historical seasonality. Find out more about NGI’s LNG Methodology & How to Read Guide here.
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How could NGI’s West of Suez LNG Vessel Rates inform my business decisions?
LNG freight is a pivotal part of the LNG value chain. Better understanding the expenses to charter vessels and cover other shipping costs is a key metric in determining the value of LNG in various markets across the world. The more profitable U.S. LNG is, the greater the demand for North American natural gas, which can have an impact on local prices as well. Access NGI’s LNG Methodology & How to Read Guide here.