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Europe hungry for LNG, while Asia has more than enough

December 21, 2021 5:00 AM

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-hungry-for-lng-while-asia-has-more-than-enough

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