The region’s gas demand is projected to soar EU countries will need to dramatically increase their imports of liquified natural gas (LNG) in 2023 to grapple with probable shortages arising from severely curtailed Russian flows and growing demand, analysts from commodities trading giant Trafigura Group predict. Prices for gas in the region will need to remain high to attract LNG away from other buyers across the globe, the analysts said, adding that the security of this supply would remain an issue beyond next winter. “We expect gas and LNG markets to remain volatile,” the Singapore-based trading house said on T
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