“The world is in the middle of the first truly global energy crisis,” the secretary-general of the International Energy Agency, Fatih Birol, said today in Singapore. The official went on to warn that natural gas and LNG markets would tighten further in 2023, with only 20 million tons of new liquefaction capacity scheduled to come online in that year, Reuters reported. Speaking at the Singapore International Energy Week, the head of the IEA also said that while supply remains tight, demand for gas will continue to be strong, especially…
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