Trump 2.0 and the impact on European gas market

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Trump 2.0 and the impact on European gas market

market is showing signs of tightening, driven by multiple supply and demand pressures and further compounded by the potential impact of a second Trump presidency.

The firm explains that European domestic gas production has been dwindling, particularly in the UK, where North Sea gas output dropped 12% in the first half of 2024 alone. Meanwhile, Bernstein says Brazil also became a significant LNG importer following a severe drought that reduced its hydroelectric power capacity, while Egypt, traditionally a net exporter, turned into a gas importer due to domestic shortages and production declines at the Zohr field.

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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