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Centrica CEO Eyes US for More LNG Deals and Trading Expansion (opens original article in a new tab)

TL;DR

Centrica Plc's CEO is pursuing more US LNG deals and trading expansion, citing supply diversification needs and the continued role of gas in the energy system.

  • Centrica Plc plans to increase purchases of US liquefied natural gas (LNG) and expand its trading business in the US.
  • CEO Chris O'Shea emphasized the need for supply diversification amid geopolitical tensions and highlighted the reliability of US LNG partnerships.
  • Centrica is exploring multiple US LNG projects and may expand its New York trading operations to access domestic gas markets.

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