LNG Is A Sellers Market For Now ...Middle East

OILPRICE - Economy
LNG Is A Sellers Market For Now
source : OILPRICE ( Middle East ) () 78
Europe has been driving global LNG trade since the start of the year, buying every cargo it can to secure energy supply during the coldest months of the year. Once spring comes, however, it will need to begin to refill its fast-emptying storage to prepare for next winter—and its fondness for overregulation may turn suicidal. Global LNG imports were set to hit a 12-month high for January, reaching 38.12 million tons, according to data from Kpler. A lot of this went to Europe, which once again outbid Asian nations for the superchilled fuel…

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