COAL | LNG | NATURAL GAS
10 Feb 2020 | 06:57 UTC
Singapore
Analysis: LNG market turmoil to worsen as coronavirus impact deepens

AuthorAnalyst Cindy Liang     cindy.liang@spglobal.com; Shermaine Ang    Srijan Kanoi     Eric Yep
EditorDebiprasad Nayak 
CommodityCoal ,  LNG,  Natural Gas

HIGHLIGHTSMore traders, term suppliers receive CNOOC force majeure notices

Suppliers pushback likely to trigger disputes

China gas utilities report 10%-40% demand drop, manpower shortages
Singapore — The impact of China's coronavirus outbreak on LNG market is expected to worsen in coming weeks as economic activity in key manufacturing hubs struggles to rebound, keeping a lid on natural gas demand and triggering more LNG trade flow disruptions.

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