Global LNG markets are likely to stay delicately balanced in the coming months, with prices remaining highly sensitive to supply disruption news or the expectation of weather-related demand increases. Market developments and inventory data in October suggest there will be limited spot cargo demand in North Asia this winter, assuming normal weather. Europe, meanwhile, is sitting on ample storage but nervousness in the market continues from potential escalation of the Israel-Hamas war and its impact on Egyptian LNG supply.
In this exclusive report from BloombergNEF, in collaboration with the World LNG Summit & Awards, we look at five key things to watch in the LNG market for winter 2023-24.
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