MNI BRIEF: China June CPI Hits Three Month Low

RBNZ MPC SAYS OCR "HAS SIGNIFICANTLY REDUCED CPI"

MNI: RBNZ LEAVES OCR AT 5.5%

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

Contrasting Momentum Dynamics Underscore Need For July Data

Services Drive Downside Surprise in CPI-ATE

MNI: NORWAY JUN CORE CPI +0.2% M/M, +3.4% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Germany’s SEFE Voiced Difficulties to Sign Long-term LNG Deals

LNG

SEFE said it is difficult to commit to long-term LNG contracts such as seen in recent days that are lasting 27 years because of the uncertainty around the speed of the energy transition in Europe, Fabian Kor, head of SEFE Singapore, said, cited by Bloomberg.

  • “We don’t know how fast the portfolio needs to be decarbonized,” Kor said.
  • SEFE’s longest contract lasts until 2042, after which date the German government seeks to transition to hydrogen.
  • SEFE signed a binding agreement with Oman LNG in August to buy 400,000 t/yr of LNG from 2026 onwards. In June, the firm signed a deal to buy 2.25mtpa of LNG from Venture Global for the period of 20 years.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

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.