“If the outage lasts months rather than weeks, the total loss can be much greater, and Europe’s more comfortable inventory situation will not be quite as reassuring. We would then expect the strong European LNG price premium over Asia to return.”
Tamir Druz, managing director at Capra Energy Group
For the full article, visit Reuters news:
https://www.reuters.com/markets/commodities/freeport-lng-fire-cuts-key-source-us-gas-supply-europe-asia