European energy security

LNG tankers diverted to Europe in wake of Ukraine gas transit disruption.

Happens all the time. Driven by price arbitrage.

That’s right. With Europe willing to pay up, I wonder whether there is a need to worry about gas shortages.

Don’t think so. Demand in China looks weak. As long as Europe pays more than Asia, we will be well supplied. And of course as long as there is no supply hiccup.

That’s funny. All of them departing either from LNG terminals nearby Houston.

Sabine Pass and Calcascieu Pass. Gulf of America.

1 Like

Houston! We got a problem.