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A comment on Gas Leak in the Baltic Sea. Parent comment

Re:Gas Leak in the Baltic Sea by zie on Tuesday September 27, 2022 @11:59AM (#32997126)
> That's the thing, there is high demand, and they have supply, they also can sell them contracts to build more infrastructure to increase the rate at wich supply is delivered

Sure, but it's not like they can build large LNG cargo ships overnight.

Per Wikpedia: "According to SIGTTO data, in 2019 there were 154 LNG carriers on order, and 584 operating LNG carriers" -https://en.wikipedia.org/wiki/LNG_carrier

So sounds like they were already backordered ridiculously. Something tells me it has only gotten worse since.

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Re:Gas Leak in the Baltic Sea by LargoLasskhyfv on Tuesday September 27, 2022 @02:16PM (#32999029)
Doesn't matter, keeps prices high. Besides that, one delivery of LNG amounts to a revenue of about 150 million USD/EUR/or something. So depending on the route one such thing could do that about once per month, or maybe once every six weeks.

Cha-Ching!

[ Parent | on HN ]
Re:Gas Leak in the Baltic Sea by zie on Tuesday September 27, 2022 @05:16PM (#33001230)
Sure, but the demand is steady and high and has been or the world would not have 25% more LNG carriers on order in 2019 BEFORE this latest demand.
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