Tuesday, April 28, 2026

Europe desperate for LNG, while Asia has more than it needs

December 20, 2021 3:21 PM

SINGAPORE (BLOOMBERG) – Asia’s relentless buying of liquefied natural gas (LNG) earlier this year has left the region so well stocked for winter that spot shipments are being diverted to energy-hungry Europe. Multiple vessels are now being diverted from Asia after prices in Europe traded at a rare premium, traders with knowledge of the matter said.

Source : https://www.straitstimes.com/business/economy/europe-desperate-for-lng-while-asia-has-more-than-it-needs

spot_img

Latest Articles