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Charif Souki (Tellurian): "My fear: that the price of gas will fall because of a recession"

2021-10-22T15:17:28.274Z

MAINTENANCE - For the pioneer of American gas exports, the rise in world demand will be such that it is necessary to invest in all types of energy.



Founder of Cheniere Energy and now boss of Tellurian, Charif Souki is one of the pioneers of gas exports from the United States, driven by the shale gas boom.

LE FIGARO.

- How far can the price of gas go?

Charif SOUKI.

-

Gas prices are soaring, as are electricity prices.

Some countries, like Bangladesh, are switching to fuel oil to generate electricity because gas and coal have become too expensive.

This postponement phenomenon will in turn drive up oil prices.

When the prices of all energy sources soar at the same time, consumers no longer have a deferral solution and we enter a generalized energy crisis.

Prices may then rise until demand is destroyed.

My fear is that the prices will go down because of a global recession.

Read also

Why gas prices are soaring

Is Russia responsible for the gas crisis in Europe?

Not at all.

The Russians cannot export more.

They haven't been investing for four

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Source: lefigaro

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