The displacement of coal plant by gas plant is one of the key current focus issues in the European energy industry.  A sharp decline in coal prices f ...

The costs of moving LNG from the US to Europe was one of the key focus points at last week’s Flame conference.  A number of divergent views were pr ...

Prices at the UK NBP and US Henry Hub converged completely during the last global supply glut in 2009-10. This was a simple consequence of global over ...

Last week saw some extreme swings in European gas hub prices. The combination of an early spring cold snap and North Sea supply outages caused the NBP ...

The next two years are set to be an important period of transition for the European gas market. LNG imports are increasing as Europe adapts to its ro ...

The post-Fukushima Asian LNG price premium saw European LNG imports fall by more than 50% across the 2011 to 14 period. In 2011, the year of the Fukus ...

Gas storage facilities have traditionally been the seasonal balancing force in the European gas market.  Across the EU-28 countries there is around 9 ...

Long term contracts are a cornerstone of the energy industry. They play a key role in underpinning the capital expenditure required to develop assets. ...

The sharp decline in gas hub prices in 2016 is starting to reshape the landscape for flexible supply infrastructure in European gas and power markets. ...

The global gas market fell into a supply glut in 2009-10. The financial crisis, new LNG projects and an explosion of US shale gas production conspired ...

Trading in the European gas market has developed around a two tier structure of trading hubs.  Forward liquidity is focused at the UK NBP and Dutch ...

By all reports commissioning of Cheniere’s Sabine Pass terminal has been progressing smoothly and will export its first cargo in the next few weeks. ...

There has been a pronounced downward revision of future price expectations across the global gas market as 2015 has evolved. This has been reinforced ...

The oil market is currently focused on the Saudi dominated OPEC’s strategic reaction to lower prices. There is no ‘gas OPEC’ per se; but there a ...

European gas hub markets are maturing. This can be seen via the increase in range and liquidity of traded products. Growth in trading activity is focu ...

The global gas market has been turned on its head over the last 18 months. In Q1 last year, Asian spot LNG prices were breaking records with the Platt ...

Investment in gas supply flexibility is supported by two key market price signals. Summer/winter price spreads drive investment in seasonal flexibilit ...

A sharp slump in spot gas prices last summer marked the start of a new phase of global gas pricing.  This summer the gas market has been relatively q ...

It has not been a peaceful summer in global commodity markets. After a six month period of consolidation, July saw a renewed broad based decline in co ...

The article below is our last before the summer break.  We will be back with more in late August. There are two key structural trends in play that ...

Last week we explored the impact of weaker Chinese LNG demand on European hub prices. We set out a scenario that illustrated the impact of European hu ...

One of our themes in 2015 has been the increasing importance of the LNG market as a driver of European hub prices. To date we have focused more on the ...

The LNG market is adjusting to the new reality of regional price convergence.  Soft Asian demand, new liquefaction capacity and lower oil-indexed con ...

Oversupply in the LNG market is having a knock on impact on the LNG carrier market. LNG vessel charter rates have suffered another down leg in 2015, w ...

Over the last five years, European coal plants have developed a substantial variable cost advantage over gas plants. This has been driven by relative ...