Energy Crisis Sparks Mad Dash For Floating LNG Terminals
Demand for LNG floating storage and regasification units has increased sharply this year as Europe continues to struggle with its energy crisis
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Demand for LNG floating storage and regasification units has increased sharply this year as Europe continues to struggle with its energy crisis
Europe will add an extra 49.55 billion cubic meters of LNG import capacity by end-2023 via its planned FSRU projects.
The Chinese government has told state-owned natural gas companies to stop selling liquified natural gas (LNG) to Europe, according to Bloomberg.
SINGAPORE (ICIS) --The ICIS East Asia Index (EAX) firmed on 22 September on early TTF trades and tender information, resulting in a spot value of $41.00/MMBtu, $2/MMBtu higher than the previous day’s close.
It’s been another tumultuous few months for natural gas prices, particularly amid what European Commission President Ursula von der Leyen has called Russia’s war on Europe’s energy and economy.