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LNG prices set to hit three-year highs as Asia heat wave and Europe restocking drive demand, Morgan Stanley says.

Liquefied natural gas prices are set to climb to levels not seen in more than three years as hotter weather in Asia and restocking needs in Europe boost demand, according to Morgan Stanley.

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Germany deepens Canada energy ties with provisional LNG deal, Reuters reports.

Germany and Canada have deepened their energy ties with a provisional liquefied natural gas deal, according to Reuters.

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