Tracking LNG flows as key global gas prices go haywire - Reuters
Tracking LNG flows as key global gas prices go haywire Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
""Those discussions are continuing.""
— Steve Bradbury , Executive
""I plan to rebuild Dulles because it's a bad airport.""
— Donald Trump , Politician
""We have advanced our MV250 and there is a big thematic wind right now coming from the administration that forces us to invest more in defense.""
— Kyle Clark , Executive
Key People
Former president of the United States known for his aggressive economic policies.
Kyle Clark is the CEO of Beta Technologies.
CEO of United Airlines.
Steve Bradbury is the Deputy Transportation Secretary in the United States.
Locations
Tags
All Coverage
<a href="https://news.google.com/rss/articles/CBMimwFBVV95cUxNdWpmbDdyeDJ6cjFDWUdRWmVyX0c1cDgxdUN6d2dMNlUxVXJPU3VzUVdaZ19TQTlNLV9FaWhWSU5Vc1hoZVJDdjg1d3JHeFJ0aFd6a19CTzRUUjZjbDhBWXIwQVhtLUlnZmJBU2Jha0FPeHhTSW1OQ2piSlhvQ3BkMWhsTnlFN29nOFhsSmdkUHlid2kwUVlyYWdzOA?oc=5" target="_blank">Tracking LNG flows as key global gas prices go haywire</a> <font color="#6f6f6f">Reuters</font>
Natural gas prices in Europe and Asia have risen by 50% from the previous year. Panicked buyers are now looking for replacement cargoes. Gas prices are likely to remain high for some time due to a lack of vessels and spare liquefaction capacities. However, despite this, the major LNG exporters are redirecting shipments to desperate buyers in Asia and Europe, fueled by the potential for huge profits created by the rising gas prices.
U.S. natural gas futures moved higher as geopolitical developments in the Middle East disrupted global LNG flows. The biggest trigger was the shutdown of Qatar’s Ras Laffan liquefaction complex after a drone attack, which removed a large portion of global export capacity from the market. Qatar is the world’s second-largest LNG exporter. The halt forced buyers in Europe and Asia to reconsider supply availability and replacement cargo risk. As a result, global gas benchmarks surged and volatility increased across energy markets.
Natural gas prices in Europe and Asia have risen by 50% from the previous year. Panicked buyers are now looking for replacement cargoes. Gas prices are likely to remain high for some time due to a lack of vessels and spare liquefaction capacities. However, despite this, the major LNG exporters are redirecting shipments to desperate buyers in Asia and Europe, fueled by the potential for huge profits created by the rising gas prices.
The report provides an overview of global gas and LNG markets, including key global prices and market trends as of April 22, 2024.
The report provides an overview of global gas and LNG markets, including key global prices and market trends as of October 9, 2024.
Similar Stories
Related coverage based on topic and tags
The midterm strategy driving Democrats deep into Trump country - Reuters
The midterm strategy driving Democrats deep into Trump country Reuters
October 10, 2026 at 10:05 AMGermany's firewall against the far-right AfD feels the heat - Reuters
Germany's firewall against the far-right AfD feels the heat Reuters
October 10, 2026 at 06:04 AM'Stain on the country': Trump criticises Norway over Nobel Peace Prize
The US president told a rally he had "never heard of" the winner, former International Criminal Court judge Navi Pillay.
October 10, 2026 at 04:07 AMTaiwan cherishes peace but will not give up freedom, president says - Reuters
Taiwan cherishes peace but will not give up freedom, president says Reuters
October 10, 2026 at 03:13 AMTrump says Norway has 'indelible stain' for not awarding him Nobel Peace Prize - Reuters
Trump says Norway has 'indelible stain' for not awarding him Nobel Peace Prize Reuters
October 10, 2026 at 01:32 AMUS says Chinese actions off Taiwan are 'deeply destabilising' - Reuters
US says Chinese actions off Taiwan are 'deeply destabilising' Reuters
October 10, 2026 at 01:10 AM