Analyst Predicts “Little Natural Gas” for U.S. Next Winter
Posted on Mar 21, 2006 in Markets and Competition, Storage | Comments Off on Analyst Predicts “Little Natural Gas” for U.S. Next Winter
Francisco Blanch, senior commodities strategist at Merrill Lynch, says that European price premiums will continue to pull LNG cargos from the U.S. market in the coming winter. Blanch also suggests that both markets need to increase storage capacity, saying that “only a higher level of inventories will help to cushion unexpected supply or demand shocks on both sides of the Atlantic Basin.” Read more in today’s Lloyd’s List. [Subscription required]