energy crunch
Coverage of energy crunch in the Nexus archive.
- Pakistan Buys LNG Supply From Spot Market to Ease Energy Crunch
Pakistan has purchased liquefied natural gas (LNG) from the spot market to alleviate an energy shortage. The ship-to-ship operation is taking place at an LNG terminal in Karachi, Pakistan.
- China Cuts Fuel Output, Lifts Aluminum After Gulf Supply Shock
China has reduced fuel output while increasing aluminum production amid an energy crunch affecting 20 provinces. The supply disruptions have supported a rally in aluminum prices, despite mixed impacts on the base metals market.
- European Natural Gas Falls Amid Limited Trading in Asian Hours
European natural gas prices declined due to limited trading activity during Asian hours. Germany launched its first state-chartered LNG vessel to replace Russian gas amid an energy crisis and severe cold weather. The Wilhelmshaven LNG Terminal, operated by Uniper SE, is central to this effort.