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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LNG
The security of Europe's gas supply depends on the region's ability and willingness to contract sufficient additional liquefaction capacities in the US from 2025 and Qatar from 2026, according to S&P Global Commodity Insights.
- Europe added only 8bcm/yr of new regas capacity this year with the Eeemshaven plant in the Netherlands. Germany is expecting two new floating storage regasification units to come online this winter with another three next winter.
- It will be vital for Europe to contract larger LNG volumes and to renew existing supply contracts. IEA estimates show around 180bcm of active LNG contracts are set to expire by 2025.
- Europe will need to overcome several hurdles to secure enough LNG in the future because of Europe’s lack of a cohesive sourcing approach and competition from northeast Asia.
- China has secured twice as much LNG as Europe from the third wave of US LNG capacity, which comes on stream in 2024-2026.
Source: S&P Global
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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