LNG

Gassco, the Norwegian pipeline natural gas operator and one of the main competitors to LNG in Europe, said it transported its third-largest amount of gas to the Continent, though European gas sales, measured by export value, set a solid new record in 2021 as a result of the high prices.

Liquefied natural gas export plants increased liftings to their highest level in March as North Asian spot cargo prices increase amid firm European natural gas values and little LNG market effects seen from the temporary traffic blockage in the Suez Canal.