Cheniere (LNG) says January freeze created production challenges for the Co. to meet commercial commitments
- Does not expect long summer outage this year.
- LNG market shifting from Europe to Asia.
- LNG demand in Europe fell 13% in Q1 due to high storage.
- LNG supply to tighten on heat wave in Asia and technical challenges at some plants.
- India will set monthly records for LNG imports this year on cheaper prices.
- Sees a doubling of demand for power by data centres by 2030.
- Major plant maintenance will be in Q2 and Q3 when production is likely to be lower in the summer.
- Have not had any labour shortages for its plant expansion project.
03 May 2024 - 16:08- - Source: Newswires
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