Portfolio LNG players boosted their diversion activity in the previous quarter as juicy Asian prices drew cargoes away from original destinations.
Shell, for example, diverted 26 shipments during the period, nearly double the year-ago level, according to finance chief Simon Henry.
“Partly that’s driven by Asian demand and partly it’s because we today have access to more LNG on our own account to do that type of activity,” he said during a recent conference call.
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