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Europe's LNG price now over $15US/MMBtu

Posted: Fri Jan 03, 2025 1:31 pm
by dan_s
Norway’s LNG Hampered by Equipment Failure. Norway’s state oil firm Equinor (NYSE:EQNR) expects its 4.7 mtpa Hammerfest LNG export terminal to be shut down at least until January 9 following the failure of a key compressor this week, halting flows from the country’s only LNG facility.

It is also colder than normal in Europe.