A recent article about a liquified natural gas (LNG) ship caught my attention and made me think about investments that take advantage of this one ship’s dilemma.
Recently, Bloomberg reported that a sanctioned Russian LNG carrier ship almost circumnavigated the world looking for a buyer for the LNG on board. The ship was at sea for four months, covering most of the world’s oceans, and eventually had to stop at a Russian floating storage depot.
With Russia’s LNG currently unavailable to the global markets, the next few years should be good for U.S. companies already producing and shipping LNG. Here are a couple of stocks to consider.
This post originally appeared at Investors Alley.