Tag: energy
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European Natural Gas Crisis: Tankers Idle Offshore Amid Supply Chain Bottlenecks and Storage Shortages
As Europe contends with its most significant energy crisis since the 1970s, a fleet of liquid natural gas (LNG) tankers has been observed idling off the coast, unable to offload due to a combination of re-gasification terminal shortages and storage capacity limitations. The continent is attempting to diversify its natural gas supply sources following Russia’s…