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Global LNG market remains in fragile equilibrium on limited supply, IGU says

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The global liquefied natural gas (LNG) market has a new found, but fragile equilibrium, following two years of volatility, due to lack of spare supply in the near-term, the International Gas Union (IGU) said in a report on Wednesday. GlobalLNG trade reached a record level of 401.42 million metric tons in 2023, growing by 2.1% ...

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