European gas prices react to Russian pipeline stoppages, UK prices rise on regasification utilization, and US prices climb on low storage and warm weather.
Germany’s lack of LNG regasification capacity now looks like a massive strategic error, one which the government is moving fast to correct. [Gas in Transition, Volume 2, Issue 3]
The conflict in Ukraine and speculation over sanctions in Russia have caused gas prices to reach record highs today, while LNG imports to Europe are down marginally month-over-month.