Global gas market in state of ‘fragile and unstable’ equilibrium: IGU
October 20, 2023 Comments Off
The global gas market remains in a “fragile and unstable” equilibrium with price volatility being driven by LNG supply risk and geopolitical developments, industry group the International Gas Union said Oct. 19. In its 2023 Global Gas Report, the IGU said that although gas prices had come down from last year’s record levels, they remained above pre-coronavirus and pre-energy crisis…
Global gas market in state of ‘fragile and unstable’ equilibrium: IGU
The global gas market remains in a “fragile and unstable” equilibrium with price volatility being driven by LNG supply risk and geopolitical developments, industry group the International Gas Union said Oct. 19. In its 2023 Global Gas Report, the IGU said that although gas prices had come down from last year’s record levels, they remained above pre-coronavirus and pre-energy crisis…
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