liquefy

As Russia steps up its liquefied natural gas exports, recent news stories warn that fast-growing U.S. supply could create a global “glut.”

TotalEnergies TTE 3.02%increase; green up pointing triangle expects higher oil and gas production and a jump in margins but said earnings in its integrated liquefied natural gas division will be hit by maintenance work.

The two biggest ships on order—a pair of liquefied natural gas carriers—will be made almost entirely in South Korea, according to the shipyard’s owner, Hanwha Group.

The region is also benefiting from strong imports of liquefied natural gas, with demand in North Asian markets cooling down due to recent price hikes and high inventories in Japan.

The challenge of steeling Taiwan against a blockade starts with energy, in particular the liquefied natural gas used to generate nearly half of Taiwan’s electricity.