https://removepaywalls.com/https://www.ft.com/content/64c5a600-1fc8-4370-b5d6-8a0bc273a33f
World faces gas supply cliff edge as Gulf’s final LNG shipments approach ports
https://www.ft.com/content/64c5a600-1fc8-4370-b5d6-8a0bc273a33f
https://www.ft.com/content/64c5a600-1fc8-4370-b5d6-8a0bc273a33f
2 Comments
TheTechnician27@lemmy.world · 5 pts · 148d
Not sure what the US price for natural gas is since it's tracked monthly; I've read supply chain issues actually brought it down, but no clue for March 22. LNG on the Japan/Korea Marker (JKMc1) is way up, from even a week ago. Prices by region are inconsistent, but I've read that, for whatever reason, the Japan/Korea marker is a reasonable proxy. Take that with a larger grain of salt than you'd normally take an Internet comment. Here's the Dutch TFAc1 too.
As a reminder, LNG is liquified natural gas – what gets shipped on boats. Natural gas in its gaseous state gets moved through pipelines.
RecursiveParadox@lemmy.world · 3 pts · 148d
It's the second and third order effects people will start to feel in six months regardless of when this stops that are going to really hurt.
Time to plant a garden, I suppose. At least it's early spring in the N Hemisphere.