LNG

The German Association of Gas Transmission System Operators (FNB Gas) said its members had been working flat out to provide initial answers to the new economic conditions for natural gas, including the introduction of LNG imports after the Russian invasion of Ukraine.

European natural gas markets posted record summer prices for the UK National Balancing Point and the Dutch Title Transfer Facility and other EU markets, showing that politicians have neglected energy supply planning amid the largely uncontrollable economic effects of Covid-19.