LNG

European liquefied natural gas and wholesale pipeline gas prices moved higher amid a German draw on storage while US Gulf Coast LNG futures rose on a positive demand outlook while Asian spot cargo values declined on the week.

QatarEnergy President and Chief Executive Saad Sherida Al-Kaabi, told the Vancouver LNG2023 conference in Canada that as one of the largest LNG exporter, the Arab Gulf nation noted there were already concerns about energy security and affordability in the European Union even before the 2022 Russian invasion of Ukraine.