The crisis in the Middle East has stoked interest in long-term gas supply deals, Equinor’s vice president LNG, Ingvar Egeland, tells Energy Intelligence. Fresh from a trip to India to mark the delivery of Equinor’s first term LNG cargo to Deepak Fertilisers, Egeland notes that despite some gas demand destruction in the Asia-Pacific region, consumption could be set to pick up as summer sets in, which could drive prices higher in spot LNG-dependent Europe.
Equinor Exec: Mideast Crisis Sparks Interest in Long-Term Gas Deals
The Mideast crisis has sparked interest in long-term gas supply deals, with buyers facing the possibility of higher gas prices this summer.
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