Global gas market pricing prolonged tightness due to Iran war, IGU executive says
Menelaos Ydreos said futures prices point to elevated supply risks as Europe competes with Asia for LNG cargoes and Russian import bans add uncertainty.
6 Articles
6 Articles
The Secretary-General of the International Federation of Menelaus Rodríguez announced that world markets increasingly take into account the continuing scarcity of supplies beyond winter as a result of the war in the Middle East, the disruption of exports of liquefied natural gas from the Gulf region and the complexity of Europe ' s efforts to rebuild its stockpiles.
Global gas market pricing prolonged tightness due to Iran ...
Gas markets expect supplies to continue to be scarce until the summer of 2027, with Gulf export turmoil and Europe and Asia competing for shipments, amid concerns about country supplies.
Channel News Asia
BizTocGlobal gas market pricing prolonged tightness due to Iran war, IGU executive says
LONDON, Sept 23 : Global gas markets are increasingly pricing in tight supplies well beyond winter as the Iran war disrupts Gulf liquefied natural gas exports and complicates Europe's efforts to rebuild gas inventories, a top industry executive said. The outlook comes as Europe competes with Asia for LNG c
Gas prices and supply risks remain high until next summer, while Europe competes with Asia for LNG.
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