![The LNG Sakura liquefied natural gas tanker arrives at Tokyo Gas Co.'s Negishi LNG terminal in Yokohama, Japan, on Monday, May 21, 2018. Tokyo Gas received Japan's first LNG shipment from Dominion Energy's Cove Point project today, the company said in statement. Photographer: Tomohiro Ohsumi/Bloomberg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/EEVA6STO6RXL2XG5HYZ64O6XYQ.jpg?smart=true&auth=72d830192782b965b5fe3c2a89e3b21b848b3e7a4948ba81e78b346547dad4b6&width=400&height=225)
Rates to hire LNG tankers have increased as countries scramble to secure gas supplies during a particularly cold winter. Bloomberg
Rates to hire LNG tankers have increased as countries scramble to secure gas supplies during a particularly cold winter. Bloomberg
Why the turnaround in LNG prices has been so surprising
The winter price surge is the result of a pile-up of circumstances, including a colder winter in north-east Asia and Europe