Centrica Plc’s CEO says the company plans to increase purchases of U.S. liquefied natural gas (LNG) and expand its trading activities. The company frames U.S. supply as a way to secure access to gas over the long term, arguing that LNG remains an important part of the energy system for decades. Both outlets link the strategy to the backdrop of global geopolitical tensions, which they say increase the importance of diversifying energy sources. The coverage indicates that Centrica views additional U.S. LNG buying as part of its efforts to strengthen supply resilience and support its trading business. While the reports do not specify deal sizes, timing, or named counterparties, they agree on the central direction: Centrica is looking to deepen its relationship with U.S. LNG markets and broaden how it buys and trades the fuel. The tone across sources is consistent, presenting the moves as a response to both expected demand for gas and heightened supply security concerns.
Centrica CEO says firm plans more U.S. LNG purchases and trading expansion
Centrica Plc’s CEO says the company plans to increase purchases of U.S. liquefied natural gas (LNG) and expand its trading activities. The company frames U.S. supply as a way to secure access to gas o...
- Centrica plans to buy more U.S. liquefied natural gas (LNG).
- Centrica also plans to expand its LNG trading activities.
- The company says LNG is expected to remain important to the energy system for decades.
- Global geopolitical tensions are cited as a reason to diversify energy supplies.
- The reports do not provide specific purchase volumes, timelines, or counterparty details.
The UK’s Centrica Plc plans to buy more US liquefied natural gas, as it sees the fuel remaining a key part of the energy system for decades even as global geopolitical tensions highlight the need to diversify supplies.
15 hours agoThe UK’s Centrica Plc plans to buy more US liquefied natural gas, as it sees the fuel remaining a key part of the energy system for decades even as global geopolitical tensions highlight the need to diversify supplies.
15 hours ago
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