Fig. 7
From: Investment decisions under uncertainty on LNG-powered vessels for environmental compliance
Sample distribution of time to exercise option for LNG prices at different stations for each path. Notes: ECAjapan 25% means LNG prices at Japan in the case of ECA 25%. ECAhh 25% denotes LNG prices at Henry Hub in the case of ECA 25%. ECAjapan50% refers to LNG prices at Japan in the case of ECA 50%. ECAhh 50% refers to LNG prices at Henry Hub in the case of ECA 50%. ECAjapan100% refers to LNG prices at Japan in the case of ECA 100%. ECAhh 100% denotes LNG prices at Henry Hub in the case of ECA 100%