Red Sea tensions spark Italian LNG buying interest: sources

Tensions in the Red Sea have sparked an uptick in buying interest in Italy for LNG as potential cargo delays push Italian buyers to eye alternate supply sources, sources said. “Despite the steady decline in spot charter rates since the onset of this turmoil in the Red Sea, the recent escalation and rerouting of Qatari cargoes could result in rates… Tensions in the Red Sea have sparked an uptick in buying interest in Italy for LNG as potential cargo delays push Italian buyers to eye alternate supply sources, sources said. “Despite the steady decline in spot charter rates since the onset of this turmoil in the Red Sea, the recent escalation and rerouting of Qatari cargoes could result in rates… Read More