HomeWorld

New gas suppliers sought as prices spike

World 1 source 1 country 🔦 Under-reported 29m ago

Thailand is accelerating efforts to find new gas suppliers to reduce its energy reliance on the Middle East. The shift comes as crude oil prices exceed US$100 per barrel and spot liquefied natural gas (LNG) prices nearly double.

The price spikes and supply pressures are driven by geopolitical turmoil and rising seasonal demand, prompting the country to diversify its energy sources.

In-depth summary · AI, neutral
Read the full story at the source Bangkok Post · TH
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →