Asia Outbidding European Utilities for LNG
Northwest European liquefied natural gas terminals are for the first time exporting more of the fuel than they are feeding into the region’s pipeline networks. Even with the European benchmark at a record for this time of year, surging demand in Asia to South America means traders are sending ships with the super-chilled gas there instead of supplying utilities at home. Most of the LNG tankers that have arr ...
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