Global LNG supply recorded its first yoy decline in Q2 2024 since covid. Feedgas supply issues in legacy producers (Egypt, Nigeria) and unplanned outages (Australia, US) weighed on LNG availability; European gas markets provided no relief. In fact European gas demand continued its downward fall, declining by 3.5% yoy in H1 2024, amidst collapsing gas-fired powgen (down by near 20% […]
