LNG

The UK is the focus of Europe’s main LNG deliveries with 10 cargoes this week alone as prices increase in natural gas markets amid future supply and economic concerns and with the various assessments competing for price discovery, including the European Union’s one spot cargo price now issued daily.

GRTgaz, the French gas grid company with three liquefied natural gas import terminals under its control, began transporting pipeline gas to Germany after reversing the normal flow on the only link between the two nations and since then European Union day-ahead spot gas prices have dropped, though other influences have been at play.