EU Gas Price Cap Could Tighten LNG Supplies Into Europe

Credit: Benjamin Massello/Unsplash
  • EU price cap maintains incentive for LNG flow into Europe for now
  • 14% front-month TTF vs JKM, NWE pricing days in 2022 within scope
  • EU price cap might shift focus from exchange to OTC trade

The EU’s Eur180/MWh gas price cap would not impact Asian LNG trade flow in the near term but could tighten supplies to Europe in 2023 as some Asian suppliers might opt to sell to other markets, market sources told S&P Global Commodity Insights Dec. 20, reports SP Global.

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https://mfame.guru/eu-gas-price-cap-could-tighten-lng-supplies-into-europe/

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