LNG Spot Cargo Trading to Decline Over Next Three Years, BP Says

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BP Plc said trading of liquefied natural gas cargoes on the spot market will decline over the next three years.

“Liquidity for LNG trading could fall,” Jonty Shepard, head of LNG trading at BP, said today at the Flame conference in Amsterdam. “Spot trading is likely to decline in the next three years if LNG tightens significantly.”