In the meantime, U.S. exporters will “definitely profit more,” Utting said. Nearly 15% of U.S. LNG volumes are uncontracted and can be sold on spot markets at higher prices. Also, many of the LNG buyers are Big Oil giants or global commodity trading houses that can redirect the volumes as needed. They just can’t increase the volumes much at all.
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The centre, which is home to the London Symphony Orchestra, is to close for a year from June 2028 to complete the works.
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