It has been a glorious start to the year for the LNG sector, with soaring freight rates and an industry virility symbol roaring back to life.
A major shortage of available gas ships has sent spot charter rates for large vessels up to record levels of $350,000 per day.
The price of LNG itself in Asia breached the $20-per-MMBtu mark — almost 10 times the value of natural gas in the US, a key exporting country.
