LNG dealers may lose $15B in income because of IMO 2020

The presentation of the IMO 2020 guideline in January 2020 is relied upon to bring income misfortunes of generally $15 billion to merchants of condensed gaseous petrol (LNG) connected to the JCC (Japan Crude Cocktail), as per Wood Mackenzie. The counseling firm said the guideline restricting sulfur substance of marine energizes to 0.5% will straightforwardly influence the cost of acrid crudes, which for the most part involve the JCC unrefined ....