Reuters: European Ports Set to Lose LNG Supply to Egypt This Summer

Europe is likely to attract fewer liquefied natural gas (LNG) shipments than previously expected this summer as Egypt gears up to become the region's top-paying importer, traders said, potentially increasing gas prices in northwest Europe.

While analysts still expect more LNG to land in Europe this year than in 2014, forecasts will be tempered by increased competition with Egypt, signalling tighter supplies at a time when Dutch authorities move to limit production from Europe's biggest gas field.

Read the full article HERE.