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Greek LNG Buyer Says Long-Term US Deals Getting More Difficult

Greek LNG Buyer Says Long-Term US Deals Getting More Difficult

Atlantic SEE LNG Trade, a Greek liquefied natural gas buyer, stated this week that securing long-term supply contracts with US exporters is becoming increasingly challenging. This difficulty arises in the wake of the Iran war, which has significantly disrupted global energy markets and altered supply-demand dynamics. The company's CEO, who was not named in the report, indicated that while short-term deals remain feasible, the uncertainty surrounding future geopolitical stability and its impact on LNG flows is deterring US suppliers from committing to extended agreements. This situation could potentially impact Greece's energy security and its diversification efforts away from traditional suppliers. The executive did not specify the exact duration of the "long-term" deals being sought, nor did they provide details on the volume of LNG involved. However, the sentiment suggests a broader trend of caution among US LNG producers facing a volatile international landscape.

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