Montel News - 60 seconds

Global LNG competition to tighten ahead of winter

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May 24, 2024

Global competition for LNG, especially between Asia and Europe, should remain subdued over the summer but markets will tighten as we head into winter. Reporting by Andrés Cala, senior LNG reporter, Montel. Contributor: Zhi Xin Chong, senior director at S&P Global and head of emerging Asia gas and LNG markets.

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adam khan December 29, 2024 04:05 PM Delete

As the winter season approaches, the global competition for Liquefied Natural Gas (LNG) is expected to intensify, with countries scrambling to secure enough supply to meet rising demand. This competition is further exacerbated by geopolitical tensions and supply chain challenges, making it crucial for nations to lock in their energy needs ahead of the cold months. The surge in demand could potentially drive up prices and create uncertainty in the energy market.

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