European Gas Prices Soar 30% as Qatar Halts LNG Output ...Middle East

Following a 40% surge on Monday, Europe’s benchmark natural gas prices soared by another 30% at opening on Tuesday as the halt of LNG production in Qatar, the world’s second-largest LNG exporter, roiled global gas markets and put energy security in Asia and Europe at risk.  The front-month Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, jumped by 34% at opening before paring some gains, but they were still 26% higher since Monday’s close as of 8:30 a.m. in Amsterdam on Tuesday.   …

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