War has changed the energy landscape: Global trade in liquefied natural gas will grow by another 25% in five years. LNG trade has already set a record in 2022 but is expected to grow by another 25% in five years to 500 million tons annually, according to the International Energy Forum (IEF). China has overtaken Jap... #Energy #GasExport #GasTraders #LNG #LNGdeliveries
High gas prices in Asia – a 20% premium over EU — are causing diversion of LNG cargoes away from EU to Asia, according to S&P Global Platts. LNG deliveries to EU terminals in July were down by almost one third compared to the pre-pandemic year of 2019. For Europe, LNG is the main alternative to Russian p... #EUgasPrices #GaspricesRising #HighGaspricesAsia #LNGdeliveries