- Europe’s industry gas demand is set to remain 20% below 2021 levels this year despite much lower natural gas prices and relatively ample LNG imports, raising the risks of deindustrialization in the continent’s industrial heartland.
- Feedgas deliveries to Freeport plunged from 1.6 BCf per day in September to 0.27 BCf per day currently, with the decline reportedly…- Europe’s industry gas demand is set to20% below 2021 levels this year despite much lower natural gas prices and relatively ample LNG imports, raising the risks of deindustrialization in the continent’s industrial heartland.
- The last LNG tanker to depart from Freeport is Yiannis, sailing out from the terminal on September 8, whilst a build-up in unladen LNG carriers anchored around the area puts additional pressure on exports. - China’s coal-mining regions such as Shaanxi, Inner Mongolia, and Gansu have been the main laggards when it comes to reaching their 5-year plan targets, but it is expected that they will see a surge in installed capacity over the next 1-2 years, adding up to 20 GW.
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