Peak summer heat across Northeast Asia is prompting a surge in liquefied natural gas (LNG) demand, forcing slower flows to Europe as gas-fired power plants race to meet rising cooling needs, according to Goldman Sachs. The shift is straining European supply and pushing global traders to watch closely. Goldman analysts warn that Asia’s stronger-than-usual weather patterns are redirecting key LNG volumes away from traditional European buyers, Bloomberg reported on Monday. While U.S. LNG exports hit record levels this year, tight terminal capacity…
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