Gas price behaviour: Europe holds the key now – 17 Dec 2021

Unlike in the past when Asian LNG market behaviour was the key price setting yardstick, the attention has now moved to the European circuit.

Because of a string of decisions, Europe today has only a small part of its total demand taken care of by domestic production, leaving it open to machinations by Russia and the uncertainties of a global LNG market under flux.

How far down the line will gas prices be high? This question is best answered by what happens to the European market.

So, here is a deep insight into what is going on, and this is a must-read for any gas sector analyst in India