Open arbitrage economics, narrow LNG-gas spreads sap NW Europe liquidity

Liquidity across the Northwest European LNG markets has taken a hit due to narrow LNG-gas economics and stronger global competition for cargoes, traders said. Since the onset of the war in the Middle East, about 20% of global LNG flows from the Middle East have been cut. As a result of the supply loss, pockets of demand destruction have emerged across the global LNG and natural gas markets asLiquidity across the Northwest European LNG markets has taken a hit due to narrow LNG-gas economics and stronger global competition for cargoes, traders said. Since the onset of the war in the Middle East, about 20% of global LNG flows from the Middle East have been cut. As a result of the supply loss, pockets of demand destruction have emerged across the global LNG and natural gas markets asRead More