Ships carrying $2 billion in natural gas are waiting off Europe’s coast for prices to rise so they can cash in, report says

More than 30 tankers carrying liquefied natural gas are idling off Europe’s coast as traders hold out for higher market prices, the Financial Times reported. The ships, which combined are carrying LNG worth $2 billion, are at sea around north-west Europe and the Iberian peninsula, the FT reported Friday, citing Vortexa data. “LNG vessels have …

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