Malaysia's Petronas has also curtailed some LNG production, two industry sources said, while Royal Dutch Shell's Prelude floating LNG facility shut its production in February after an electrical trip and appears in no hurry to start it back up. Petronas did not respond to a request for comment, and Shell declined to comment on Prelude.
SINGAPORE/NEW YORK/MELBOURNE: Lockdowns to slow the coronavirus pandemic are pummelling gas demand in the world's biggest buyers of liquefied natural gas (LNG), pushing Asia's spot prices to record lows and forcing some suppliers to start cutting output.
Economies worldwide have ground to a halt as virus containment measures have taken their toll, slashing gas demand for power generation, heating, cooking, vehicles and chemical manufacture. The world's biggest LNG markets - Japan, China, South Korea and India - are all seeing a drop in demand.
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