LONDON/SINGAPORE—Rocketing LNG cargo prices have squeezed out dozens of smaller traders, concentrating the business in the hands of a handful of international energy majors and top global trading houses.
This grip is not expected to ease until 2026 when more liquefied natural gas (LNG) starts to materialize and lower prices, adding to supply worries for poorer states reliant on it to generate power and driving up costs for big Asia economies.
