Worst-Case Forecast for LNG Plays Out Differently
Asia’s retreat from the market is a gift for Europe this winter.
The LNG Aquarius tanker off Jakarta.
Photographer: Bloomberg
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, Senior Reporter Stephen Stapczynski dives into the LNG market in Asia and asks whether Europe will see increased competition for the fuel any time soon. To get this newsletter sent straight to your inbox, you can sign up here.
European consumers can heave a sigh of relief knowing that Asian gas demand is in the gutter.