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INTERVIEW: German gas price ‘unexpectedly low,’ long-term LNG contracts still needed: MET

March 2, 2024 Comments Off

Long-term LNG contracts are still needed to help stabilize German gas prices despite “unexpectedly low” gas prices this winter in Europe, the head of MET Group’s Germany unit said in an interview with S&P Global Commodity Insights. The Switzerland-based gas and power trader is making progress with “significant talks” with German customers about 10-year LNG contracts, with volumes in the…