Can North African Gas Fill The Gap In Europe? ...Middle East

Europe’s natural gas situation is far from bleak if politicians are to be believed. With storage levels, hovering between 91-100% full, some sighs of relief are heard in NW European gas markets.  The upcoming winter season no longer looks like a doomsday scenario, especially not as long as LNG vessels are floating in front of European ports, waiting to unload their cargoes.  The reality, however, is looking a bit bleaker, even with current high storage levels and Russian gas still entering European markets. Supply-side constraints…

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