Malaysia's main LNG exporter, state-owned Petronas, has cut its shipments of spot cargoes.
SINGAPORE: Malaysia's exports of liquefied natural gas (LNG) are set to drop to their lowest since mid-2018 as producers globally are pressured to cut production amid record low spot prices of the super-chilled fuel, trade and shipping sources said.
Lockdowns to slow the coronavirus pandemic are pummelling gas demand worldwide, pushing Asia's spot prices to record lows and forcing some suppliers to start cutting output.
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