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Albania’s long pursuit of gas
Gas is unlikely to assume a major role in Albania’s energy mix for years to come, but two priority projects are making headway and helping to establish the sector
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Alex Forbes
6 May 2022
Follow @PetroleumEcon
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LNG short-term liquidity goes into reverse

Spot and short-term LNG trading have fallen sharply as concerns over price volatility and supply security make term contracts more attractive, says importers’ group Giignl

The commoditisation of the LNG business—as enumerated by volumes traded on a spot and short-term basis—went into reverse last year, according to data published by importers’ group Giignl, as buyers fretted over price volatility and supply security. On the flip side, 2021 saw a surge of interest in new long-term contracts, especially on the part of Chinese buyers, which accounted for 26mn t/yr of the 70mn t/yr contracted on a long-term basis. The reversal is striking given that a growing share of spot and short-term procurement has generally been seen as a sign of the increasing sophistication and flexibility of the LNG business. “Due to high prices, some Asian buyers preferred to max out the

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Albania’s long pursuit of gas
23 July 2025
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WPC Energy to promote role of women
22 July 2025
Next year’s WPC Energy Congress taking place in April in Riyadh, Saudi Arabia will continue to promote the role of women in the energy sector, with a number of events focusing on the issue.

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