Europe Needs More Long-Term LNG to Avoid Energy Shocks, MET Says

🇨🇭 Bloomberg (CH) —

AI Summary

The head of the Swiss energy company MET Group emphasized the need for Europe to secure more long-term contracts for liquefied natural gas to prevent future energy price shocks. This demand highlights concerns over energy supply stability in the European market.

Europe needs more long-term contracts for seaborne gas supply to hedge against soaring prices, said the head of Swiss energy company MET Group.

Markets Energy MET Group LNG Europe energy contracts natural gas price shocks energy supply

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