5 October 2022 | Other

U.S. gas at $4 to $5 no longer exists

Sharif Souki, chairman of Tellurian Inc, said yesterday at the Energy Intelligence Forum in London that U.S. gas can no longer be bought for the previous low prices. He also concluded that the best way out of the energy crisis for EU countries would be to invest in the U.S. natural gas industry.

Souki said about the impossibility to buy gas for $4-$5, instead he suggested the new possible price of $10-$12 in order to justify an investment.

The chairman of Tellurian Inc. also noted that there are multi-million dollar liquefaction projects in the U.S. that have been approved but not implemented due to insufficient funding. In his opinion, investments in these projects will help to control the resource in the future.

Company MarketCheese
Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
Yesterday at 10:55 AM 32
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
Yesterday at 09:48 AM 27
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
Yesterday at 08:49 AM 17
Period: 31.03.2026 Expectation: 140 pips
Investing in Brent crude with $75.5 in sight
Yesterday at 08:49 AM 18
Period: 12.12.2025 Expectation: 935 pips
AUDCAD aims for new highs on strong fundamentals
Yesterday at 08:11 AM 18
Period: 11.12.2025 Expectation: 450 pips
Buying natural gas on way down before next rally
04 December 2025 60
Go to forecasts