MARKETS

Morocco's energy prices soar amid high LNG freight coasts

AS European countries race to secure gas supplies ahead of winter, a 500% increase in freight rates for LNG this year threatens to send Morocco's energy bills soaring, a Morocco World News report said on Friday.

Tim Daiss
Morocco's energy prices soar amid high LNG freight coasts

LNG freight platform Spark Commodities reported last Tuesday that the cost to charter an LNG tanker in the Atlantic Ocean reached a new high of $397,500 per day, up from  $374,000 per day the previous...

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