Qatar LNG Disruption Could Cut Greece's Household Income 5%

Qatar LNG Disruption Could Cut Greece's Household Income 5%

Qatar LNG disruption hits Greece’s economy and household income. Credit: Wikimedia Commons / Matthew Smith / CC BY 2 A halt in Qatar’s LNG production could have swift consequences in Greece, where households remain exposed to rising energy costs, according to Financial Times. As one of the world’s largest LNG exporters, Qatar plays a critical role in global energy supply, and any reduction in its output can push international prices higher almos…

Natural gas prices today: Europe’s TTF jumps as Qatar LNG shock tightens supply

Dutch TTF front-month gas jumped 16.6% to €69.50/MWh before easing to €62.26 on Monday after Qatar’s Ras Laffan LNG shutdown. U.S. Henry Hub futures rose 5.4% to $3.36/mmBtu. Traders expect a prolonged LNG disruption, tightening supply and pushing prices higher across Europe, Asia, and the U.S. Qatar’s energy minister warned the supply shock could last weeks to months. The post Natural gas prices today: Europe’s TTF jumps as Qatar LNG shock tigh…