Latest news and articles about gas market from NEX English
Pertamina, in collaboration with the Jember district government, has announced the establishment of an affordable liquefied gas market to tackle supply shortages in the region. This initiative aims to provide gas at reasonable prices for citizens, alleviating financial burdens on families.
A joint venture between the United States and Qatar has announced the initiation of a new liquefied natural gas (LNG) project aimed at strengthening the global gas market amid ongoing conflicts. This project comes at a critical time as the world seeks to compensate for supply shortages.
The Iranian-American-Israeli conflict has drastically altered the LNG market, with Asian countries now paying higher prices for shipments, threatening Europe's gas supply stability.
Edison announced that QatarEnergy has extended the force majeure period on LNG shipments until mid-June, confirming no expected impact on customers.