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Free AccessLNG Markets May Be Tighter Next Year: Birol
The LNG market may be tighter in 2023 versus this year – especially if Chinese demand ticks higher – the IEA said today.
- The European push to replace Russian gas has tightened markets but that has only been possible because of weak Chinese demand, IEA’s Birol said.
- “If the Chinese economy recovers next year, it will be difficult for Europe to attract so many LNG imports,” he said. “The same applies to India.”
- “The tensions between Europe trying to get LNG for the next year vis-a-vis emerging Asian countries may lead to geopolitical frictions.” he added.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.