Limited global LNG supplies could be “really, really tight this winter, Cheniere Energy’s executive vice president for worldwide trading told Reuters on Thursday. Cheniere, the largest LNG exporter in the United States, believes that current prices indicate that LNG will continue to make its way to Europe, which has purchased 70% of Cheniere’s total production so far this year—and none too cheaply. “At the current pricing, the market says that this should continue to go to Europe,” Corey Grindal said in an interview at the Gastech conference on Thursday. The United States has increased its LNG exports to Europe as the later continues to grapple with natural gas supply concerns after Russia cut the flow of gas via its Nord Stream pipeline—and delayed the planned Nord Stream 1 restart. LNG prices hit record highs last month as Russia restricted the flow of natural gas into Europe, causing a divergence […]

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