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There has been overall increases over the last 7 days due to elevated Norwegian Outages, Risk of strike action at Key Australian LNG terminals and reduced Norwegian capacity on the back of ongoing annual maintenance.
The key driver for price increases continues to be uncertainty surrounding industrial action from Australian workers. (Australia covers 10% of global LNG demand)
Information provided on energy prices is subject to constant change and is influenced by numerous factors, such as supply and demand, market conditions, geopolitical events, and weather patterns. As such, any information or analysis provided on energy prices is intended for general informational purposes only and should not be relied upon as a sole source of information or as a substitute for professional advice.While we strive to provide accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or reliability of the information provided. Any reliance on such information is at your own risk, and we shall not be held responsible for any loss or damage resulting from the use of such information.Additionally, please be aware that energy prices can fluctuate rapidly and can be affected by unforeseen events. Therefore, any information provided on energy prices may be subject to change without notice.
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