- Global LNG markets were set to tighten over the next five years, driven by a slowdown in global LNG supply growth.
- But Europe’s market dynamics are turbo-charging the price recovery, with TTF currently trading close to US$9/million Btu, a level not seen since mid-2018.
Following the recent winter spot price spike in Asia, the European market has been sustaining global LNG prices, making the region a battleground for global LNG price formation, new research from global natural resources...
https://mfame.guru/europe-stands-as-global-lng-price-setter-finds-wood-mackenzie/