Qatar, one of the world s largest liquefied natural gas (LNG) exporters, has notified Spanish power utility Endesa of a delay to an LNG cargo due to the Red Sea conflict, two industry sources told Reuters.
Fresh from clinching a 50-billion-euro ($54.43 billion) pipeline gas deal in Norway last month, Germany s SEFE is looking for more suppliers to offer liquefied natural gas (LNG) for its customers, its CEO told Reuters on Thursday.
With Bolivian gas in crisis and Argentinian shale gas production surging, the southern cone’s gas flows are changing fast. Brazilian LNG importers appear to be betting on strong electricity demand maintaining gas’s pivotal role in the electricity generation sector.
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LNG prices are likely to remain above the average of recent years not impacted by exceptional events, but will trend down in order to re-stimulate lost demand for the fuel.