A tanker holding A tanker holding liquefied natural gas leaves a berth as holidaymakers fish on a pier in Yokohama City, Kanagawa Prefecture, Japan, in this June 20, 2009 file photo. The Philippines, one of Asia’s fastest-growing economies, is expected to import more LNG. (Bloomberg Photo/Kimimasa Mayama)
Singapore/Milan. Over a dozen liquefied natural gas tankers are parked, many idle, in and around Singapore — one of the world’s biggest trading hubs for the fuel — in a sign that the slowdown engulfing world gas markets may be worsening into a crisis.
With Asian spot LNG prices down by almost two-thirds since February last year as slowing demand combines with rising output, shippers