Thanks to Russian tankers, the global giant wants to lower gas prices

As judges of Belga, coincidence At the time, he decided to take this step primarily due to image concerns. Previously, the ships were chartered from Russia’s state-controlled company Sovcom Float.

After banks seized the tankers as part of a Russian company’s debt restructuring, Singapore-based Eastern Pacific Shipping repurchased the tankers, the agency said.

Now, Shell has signed a long-term contract with the company to operate the ships.

The rest of the text is below the video

See also: Unstable fuel market. “These prices will stay with us for much longer.”

Belga thinks so This move may lead to lower prices in the narrow gas market, Because the company can now supply more LNG again.

Shell controls about 90 tankers, or a fifth of the world’s LNG fleetThe daily Het Nieuwsblad reports and adds that bringing the ships back into service could also reduce LNG vessel charter rates, which have tripled in the past three months.

Shell cuts itself off from Russia

These countries are also betting on LNG

Poland is one of the countries that focus on gas supplies in the form of LNG. In mid-May, a gas tanker chartered from PGNiG arrived at the gas station in Owenogise, which delivered the first cargo from the US port on the Gulf of Mexico. In total, the company wants to own up to 11 tankers and bring 8.3 billion cubic meters of gas to Owenogese annually.

Finland, which will be another country after Poland and Bulgaria that will not receive natural gas supplies from Russia’s Gazprom, is preparing for such a scenario. Finnish carrier Gasgrid and American Excelerate Energy signed a contract to lease Examplar LNG carrier on Friday. It aims to ensure the security of supplies in Finland and help meet domestic gas demand.

source:

Door

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Bank Pekao, Santander, mBank, Millennium, Alior, Credit Agricole – outages and difficulties at banks on the weekend of January 21-22, 2023

Pekao, Santander, mBank, Millennium – among others, these banks have planned service…

The first apartment from July 1, 2023 – a youth housing program with the cheapest loan in history!

Author: PAP / Albert Zawada The government has announced a new housing…

We compared prices in Poland and the Czech Republic. We came to a surprising conclusion.

In Poland, it is profitable for Czechs to buy vegetables and fruits,…

Subsequent increases in the interest rate increase the penalty for late payment. You have late payments, how much statutory interest you will pay [13.02.2022]

Changes in interest rates made by the Monetary Policy Board do not…