Click here to listen to the latest episode of NGI’s Hub & Flow podcast. Flex LNG CEO Oystein Kalleklev joins NGI’s Senior LNG Editor Jamison Cocklin to discuss attacks on commercial vessels in the Red Sea and how the security situation is impacting the global natural gas market. Flex owns a fleet of LNG carriers.…
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Articles from Red Sea Attacks
LNG Ships Still Avoiding Red Sea, but Market Said Insulated from Diversions
LNG ships are still avoiding transit in the Red Sea via the Bab el-Mandeb Strait to Europe or Asia and instead diverting around Africa’s Cape of Good Hope to avoid attacks from Yemen-based Houthis militants. However, global liquefied natural gas buyers have yet to show signs that added shipping costs and delivery delays are impacting…
February 7, 2024
Escalating Red Sea Vessel Attacks Fail to Halt Global Natural Gas Price Dive – LNG Recap
Despite signs over the weekend that armed conflict in the Middle East may be ratcheting up to a new level, global natural gas prices continued to edge downward as storage levels and weather trumped volatility. After a series of missile strikes by U.S. and UK forces on suspected Houthi militia outposts in Yemen, militants and…
January 16, 2024
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