Wednesday, 31 August 2011

Europe's gas markets face tight start to winter

European gas markets could see tight supply at the start of the high-demand winter season as Qatari liquefied natural gas (LNG) maintenance is expected to curb exports, coinciding with a potentially colder-than-usual early winter, analysts said.

The world's largest LNG producer, Qatargas, said it will shut at least three of the world's biggest liquefied natural gas (LNG) producing plants at different times during a rolling maintenance program planned this autumn.

The maintenance work could cut LNG supplies to Europe and especially Britain, which is growing increasingly dependent on the liquefied fuel, European gas analysts said on Tuesday.

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