LNG

The European Union’s Agency for the Cooperation of Energy Regulators (ACER) has issued its annual report on the natural gas market, including the role of liquefied natural gas, with a list of lessons learnt and future actions to be taken 18 months after the Russian supply shock began with the Ukraine invasion and prompted a major rebalancing of the markets that will have a lasting impact.

TotalEnergies of France said it benefited from a leading position in liquefied natural gas to generate $4.8 billion in adjusted third-quarter net income versus $848 million in the 2020 quarter while cash flow amounted to $8.4Bln.