European liquefied natural gas imports are rising ahead of winter in the northern hemisphere. The blockage of transportation in the Strait of Hormuz may intensify global competition for liquefied natural gas. LNG arrivals from the EU and the UK have rebounded since the beginning of August. At that time, imports were 30% lower than in the same period last year; Europe is expected to absorb about a quarter of the world's LNG supply in September. The current cross-regional price spread of US liquefied natural gas is more beneficial to Europe, prompting Atlantic shipping to stay in Europe until October.

Zhitongcaijing · 1d ago
European liquefied natural gas imports are rising ahead of winter in the northern hemisphere. The blockage of transportation in the Strait of Hormuz may intensify global competition for liquefied natural gas. LNG arrivals from the EU and the UK have rebounded since the beginning of August. At that time, imports were 30% lower than in the same period last year; Europe is expected to absorb about a quarter of the world's LNG supply in September. The current cross-regional price spread of US liquefied natural gas is more beneficial to Europe, prompting Atlantic shipping to stay in Europe until October.