EU Faces Winter Tug of War with Asia as Gas Stores Hit Lowest for Date Since 2011
Europe faces a winter bidding war for LNG as Asian spot prices more than doubled and EU storage fell to 69.6% full, data showed.
9 Articles
9 Articles
<p>Europe is threatened by a fight with Asia for liquefied gas due to record low stocks EU gas stocks fell to a record low 67% before winter. The cold season can push LNG prices up to $40 per million BTU.</p>
Europe is preparing for a winter "tug of war" with Asia over limited shipments of liquefied natural gas (LNG), the Financial Times (FT) writes, citing analysts from banks, energy company executives and others..
Europe is preparing for a winter "tug of war" with Asia over limited shipments of liquefied natural gas (LNG), the Financial Times (FT) writes, citing bank analysts, energy company executives and participants at the Gastech conference in Bangkok.Asian...
Europe faces the dilemma of providing the gas needed for electricity generation and home heating, while competition between Europe and Asia is escalating around the availability of gas on the market, so that Norway ' s gas is the best alternative.
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