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European Gas Tops €50/MWh After Report Qatar Pauses LNG Ramp-Up Effort

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2026-07-09 13:03:18
European natural gas prices briefly jumped above €50 a megawatt-hour for the first time in a month after a report that Qatar is pausing efforts to rapidly revive production at the world’s largest liquefied natural gas facility, according to Bloomberg.

The move raised concerns about a recovery of LNG flows through the Strait of Hormuz.
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