Patrick Pouyanné 5.0 1 idea

Patrick Pouyanné stated that LNG prices are currently around $20 per million BTU, and if the conflict continues with Qatar supply offline (20% of world market), prices could rise to $30-$40, similar to 2022. Supply disruption during peak demand seasons—summer for Asian cooling and European storage refill—creates a tight market, driving significant price appreciation. WATCH because the thesis is highly dependent on geopolitical events, but the potential for a sharp price increase makes it a critical developing setup for energy markets. Resolution of the conflict or rapid deployment of alternative LNG supply (e.g., from new US capacity) could alleviate price pressures.