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# 🎧 Europe is waking up to the TTF speculation problem
- URL: https://www.energyflux.news/europe-is-waking-up-to-the-ttf-speculation/
- Published: 2025-02-22T08:01:49.000Z
- Updated: 2025-05-14T15:04:54.000Z
- Description: PLUS: The EU’s misguided US LNG investment plan & reader Q&A
- Author: Seb Kennedy
- Tags: The Energy Flux Podcast, #seb-kennedy, #substack, #substack-type-podcast, #substack-access-everyone, #Import 2025-05-14 12:51, TTF, US LNG, Trump, speculation, Natural gas, LNG, geopolitics

🎧 Europe is waking up to the TTF speculation problem

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Welcome back to [**Energy Flux: On Air**](https://www.energyflux.news/podcast), the interactive podcast that delves into world of European natural gas and global LNG markets.

The main story featured in this week’s show is:

- Italy calls for EU investigation into speculation on TTF inflating gas prices ([Montel News](https://montelnews.com/news/e7b0db7d-cf29-4a11-8c7a-ebb0028508d0/italy-urges-probe-into-possibility-speculators-inflating-gas?ref=energyflux.news), [QualEnergia](https://www.qualenergia.it/articoli/cosa-aspettarsi-decreto-contro-caro-energia/?ref=energyflux.news))

In response to reader questions, I discussed:

- The EU Commission’s draft plan to consider US LNG equity investments to ward off Trump trade war ([Politico](https://www.politico.eu/article/eu-funding-foreign-lng-projects-lower-prices-draft-plan-commission/?ref=energyflux.news))
- The impact of Trump’s incoming 25% steel tariff on US LNG projects
- Outlook for prices during the LNG ‘glut’ and potential for demand response from Asian buyers
- The excess LNG problem: Japan’s LNG buyers are over-contracted ([IEEFA](https://ieefa.org/resources/japans-largest-lng-buyers-have-surplus-problem?ref=energyflux.news))

I also referenced the following *Energy Flux* articles:

- Gas, carbon and the geopolitical web ([link](https://www.energyflux.news/p/gas-carbon-and-the-geopolitical-web))
- Sizing up the LNG glut (part [one ](https://www.energyflux.news/p/sizing-up-the-lng-glut-part-1)and [two](https://www.energyflux.news/p/sizing-up-the-lng-glut-part-two))

Happy listening!

— Seb

[Leave a comment](#ghost-comments-root)

P.S. If you want to ask a question or make a comment for the next episode, send me a message. I prioritise Q&A requests from paying subscribers 😇

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