The Erroneous Either/Or Debate on LNG or Pipeline Gas
Europe: From market of last resort to destination of choice
Dr. Wolfgang Peters
Managing Director
The Gas Value Chain Company GmbH
Former RWE Supply & Trading CZ a.s.
This session will analyze how both US LNG and Russian pipeline supplies can be beneficial to Europe.
Europe: From market of last resort to destination of choice
- ‘European Henry Hub’ with redundant import capacities for suppliers to compete
- Global LNG as ‘policeman’ for maximum price of pipeline gas
- Relevance of price spreads Asia/Europe for the flow of LNG
- LNG to Europe 2018/2019: from last resort to destination of choice
- China’s rising demand: will the price spread widen again?
- Europe’s rising demand & accelerated decline of production: is it wise to close out pipeline suppliers willing to compete?
- Status of Nord Stream 2
- Tracking timelines for gas from Nord Stream 2, how much is expected and when
- Nord Stream 2 might save the day: the real risk of Ukrainian transit expiration