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Trump’s Trade War Casts a Long Shadow Over LNG Shipping Boom

Anna Shiryaevskaya
Trump’s Trade War Casts a Long Shadow Over LNG Shipping Boom

The booming market for liquefied natural gas can weather an escalating U.S.-China trade war. If that changes, prices will rise and deter buyers just when new markets for the fuel are opening up, according to Paul Wogan, the chief executive officer of LNG shipowner Gaslog Ltd. “My concern would be for higher pricing starting to destroy some of that demand,” Wogan said in Rotterdam, where he oversaw the first European loading for new ship GasLog Hong Kong.