Commodities
Australia Ships LNG 16,000 Miles to Canada as Asia Demand Slumps
Australia is shipping LNG much further than its main buyers in Asia as demand for the super-chilled fuel in the region falters.
East Canada is set to receive its first Australian shipment of the fuel on the Maran Gas Hector on Thursday, according to ship-tracking data compiled by Kpler that goes back to 2008. The journey is unusually long, with the tanker traveling around 16,000 miles (25,750 kilometers) to reach its final destination.