In its monthly gas update for November, Teekay Corporation, shares its current views on LNG market fundamentals, including the balance of supply and demand in the LNG market, and spot LNG charter rates.
The film informs that LNG exports seem to have increased strongly in the last month, vessel charter rates are up for the rest of the year, and 2018 looks promising.
One factor contributing to stronger LNG market in recent months has been the increase in LNG exports in second half of 2017. Currently, LNG exports are on track to increase by 11% this year, which will be the strongest increase since 2010.
