Tuesday, April 30, 2019

Britain's Natural Gas Imports Booming -- Bloomberg -- April 30, 2019

Link here, data points:
  • NG imports increasing; no sign of slowing down
  • British imports usually decline in the summer; not this year
  • increased NG imports due to number of reasons
  • price
  • extensive infrastructure
  • extensive traded hubs
  • Britain can absorb any global surplus as well as handle a growing worldwide producion boom
  • cooler weather also supporting demand in the UK
  • UK shipments are mainly sourced from the biggest exporter, Qatar
  • Nigeria, Norway in the mix
  • US becoming a bigger player
  • April: likely to set a record high import month for LNG into the UK
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TCM Special On Robert Osborne

Last night; incredible. Probably available on YouTube.

Made his own luck. 

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