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

📆 5/24/2022 5:27 AM
📰 dailymaverick

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

United States News News

United States United States Latest News,United States United States 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

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:

Write Comment

Buy Sasol shares. Huge LNG plant in Louisiana.

United States United States Latest News, United States United States Headlines