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An imminent El Niño year risks raising global gas prices further
El Niño is associated with raising the average global temperatures. The increased use of air conditioning has boosted the power demand in China, the world’s largest liquefied natural gas buyer.
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theprint.in
An imminent El Niño year risks raising global gas prices further
El Niño is associated with raising the average global temperatures. The increased use of air conditioning has boosted the power demand in China, the world’s largest liquefied…
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fortune.com
Asia is already grappling with a fuel crisis. A 'Super El Nino' threatens to make things worse | Fortune
Drought and high temperatures will strain power grids right as countries are still scrambling for limited oil and gas supplies.
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oilprice.com
Summer Heatwaves May Deepen the Global LNG Crunch | OilPrice.com
Global LNG markets are tightening further as the loss of roughly 20% of daily LNG supply from the Middle East collides with forecasts for a hotter summer and stronger Asian…