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June. 2020
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The Navigatiir

The Navigatiir - Featured Articles

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More than $3 Billion in LNG Regasification Projects Affected by COVID-19 in Europe, Asia

As of late May, exports from U.S. liquefied natural gas (LNG) plants were down by a third, and more than 20 cargoes had been cancelled by buyers in Europe and Asia for June and July, with more expected. Earlier this month, data provider Refinitiv, in a preliminary report estimated that the amount of natural gas flowing to U.S. LNG plants was on track to fall to a nine-month record low of 4.3 billion cubic feet (Bcf/d) per day, down from a record 9.5 Bcf/d in late March.

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Five States See Highest Jump in Unemployment Claim Rates Amid COVID-19, Face $32.5 Billion in Project Delays

As reported COVID-19 cases in the U.S. near 2 million, states are winding down restrictions and allowing many businesses to reopen. But unemployment remains a serious concern across the country. Using data from the U.S. Department of Labor, a financial advisory website found that five states saw the strongest jumps, by rate, in unemployment claims from May 25 to June 4: Florida, Georgia, Oklahoma, Mississippi and Maine.

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