Regions without domestic gas supplies or which have depleted most of their gas reserves in recent decades get a lot of their gas by importing it.
European periphery countries, including the UK and many parts of the Mediterranean, assumed they could rely on global supplies of liquefied natural gas.
But tankers from the big gas producers such as Qatar can turn to Europe or Asia depending on who pays the highest price. Now there is a scramble, and Asian demand dominates.
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34 reads
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