5min chapter

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Europe Breaks Up With Natural Gas

Switched On

CHAPTER

Is There a Global Supply Crisis?

Europe is importing such high volumes of LNG, they're actually taking away supply from these other markets as well. So it's not just a European energy crisis. It really is a global supply crisis. I think that there are new LNG production facilities that are potentially going to be coming online, parts of the Middle East in 2025. But between now and then, there are existing exporters like the United States. Do you see any movement in terms of increased supply in order to meet all of this global demand?

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