Natural Gas News – May 20, 2022
Natural Gas News – May 20, 2022
U.S. LNG Is Quickly Becoming The World’s Hottest Commodity
U.S. LNG exports are soaring as some of the world’s top buyers race to purchase American gas. Russia’s war in Ukraine will likely drive even more demand for U.S. LNG in the coming months. Reports are coming in that India is purchasing large volumes of Russian LNG at heavily discounted prices. Japan is reportedly actively considering extending financial support to the US to boost liquefied natural gas (LNG) production. Incidentally, the US is already the world’s 3rd largest exporter of LNG behind Qatar and Australia. However, the country is set to play an even bigger role in global LNG production and export as the Russian market withers in the wake of the Ukraine crisis. Japan and… For more info go to https://bit.ly/3G31anT
Ukraine Invasion Changes Global LNG Equation
Japan is reportedly actively considering extending financial support to the US to boost liquefied natural gas (LNG) production. Incidentally, the US is already the world’s 3rd largest exporter of LNG behind Qatar and Australia. However, the country is set to play an even bigger role in global LNG production and export as the Russian market withers in the wake of the Ukraine crisis. The marketplace is moving faster than ever before. Stay up to date on metals and commodities prices by signing up for the weekly MetalMiner newsletter here. Global LNG supply and demand is shifting amid the war in Ukraine, Japan, and China Turning to the US. According to a report in Nikkei, Japan has been actively trying to reduce energy… For more info go to https://bit.ly/3Lvbo1I
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