Prices may climb to 90 euros per megawatt-hour ($103), up from about 66 euros ($75), as strikes on Qatar’s Ras Laffan complex risk disrupting roughly 20 percent of global LNG flows, according to the report.
The forecast points to prolonged outages even if tensions ease quickly, tightening supply and increasing competition with Asian acquireers.
Low storage levels across Europe could add further pressure, raising concerns over affordability and energy security in the months ahead, the report added.
Leave a Reply