TotalEnergies CEO Expects LNG Price Volatility Until New Supply Arrives in 2026 While Managing Half of Global Market
-
TotalEnergies CEO says LNG prices will remain volatile until new supply comes online, starting in 2026-2027.
-
Europe enters winter with record gas storage levels, reducing risk of shortages like last year.
-
TotalEnergies managing 50 million tonnes of LNG, over 50% of global market.
-
U.S. LNG market important for TotalEnergies to arbitrage between Europe and Asia.
-
In October, TotalEnergies signed 27-year LNG supply deal with QatarEnergy starting in 2026.