LNG vital for UK gas security as NESO warns of emerging supply risk
LNG remains central to Britain’s energy security though the nation’s gas system faces an “emerging risk” to supply, the National Energy System Operator (NESO) warns. Imported LNG helps cushion the network during winter peaks, but NESO’s latest Gas Security of Supply Assessment urges the government to prepare for potential disruptions.
North American LNG assets face stranded asset risk
Investments in North American natural gas infrastructure – notably LNG terminals – run the risk of becoming stranded assets after 2040 as accelerated decarbonisation reduces LNG demand in Europe, Asia Pacific and China, DNV warns.
Controversy flares up in Berlin as Adlon hosts World LNG Summit
LNG is a controversial topic in Germany: Green paint was thrown at the back entrance of Berlin’s luxury Hotel Adlon at the opening day of the Global LNG Summit while Stefan Wenzel, state secretary to Germany’s economy minister Robert Habeck spoke just prior to a panel with top executives from Cheniere Energy, ADNOC Gas, Shell and bp.
