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Europe will have to pay a premium to draw additional LNG cargoes

European-Gas-Market-Winter-Outlook

Despite a third year of overall contraction in gas demand in the EU-27 plus UK, OIES expects gas demand over the winter months to rise 10 Bcm year-on-year. Given that global LNG balances are tight, Europe will have to pay a premium to draw additional cargoes, a fresh driver for higher prices over the winter months. After two years of […]

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