Global LNG supply underperformance in Q2 2024

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% […]

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