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World Faces LNG Shortage in 2023 as Europe Bans Russian Gas & China Relaxes Covid Rules - Joe Blogs
The whole World Faces potential LNG Shortage in 2023 as Europe implements a full Ban Russian Gas and will need to source large volumes of LNG to fill its storage capacity during the summer months of 2023. In 2022 demand from China fell due to the drop in activity caused by the Covid lockdowns implemented across the whole country however China has now relaxed its Covid Rules and demand for LNG is set tp rise in 2023. In this video I provide the full details and assess the likely impact on both Europe and the Global Economy.
For specific details please check out the CHAPTER list below.
Chapters:
0:00 Intro
2:29 RUSSIAN GAS SUPPLY
4:00 RUSSIAN GAS VOLUMES
7:10 NATURAL GAS PRICES
8:53 EUROPEAN GAS STORAGE
13:58 2022 LNG MARKET
16:07 GAS STORAGE PROJECTIONS
18:15 SUMMARY & CONCLUSION
