Business Maverick: Natural gas market is hurtling toward historic winter shortages

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 84%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Europe’s plan to cut imports of piped Russian gas by two-thirds by the end of the year and replace it with LNG from the US and Africa is sharply intensifying competition for the power-plant and heating fuel. There’s also an expectation that China’s ...

The liquefied natural gas market is hurtling toward a potentially historic shortage this winter as the world rushes to secure the super-chilled fuel.

“This coming winter has everyone on edge,” said James Whistler, the global head of energy derivatives at Simpson Spence Young. “All things point to tight supply under normal conditions, but additional risks are also present.”World Gas Conference

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Buy Sasol shares. Huge LNG plant in Louisiana.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines