‘Europe’s gas dilemma isn’t going away’
PODCAST: With special guest Ira Joseph, head of pricing at S&P Global
“From the middle of December 2021 until early January 2022, LNG was transacting in the black for $100 million per cargo. That’s a lot of money for three billion cubic feet of gas. We had never seen numbers like that before.”
Listen again to Ira Joseph, head of global generating fuels & electric power pricing at S&P Global, discussing recent extreme events in global energy markets. The episode is free to play back here on the Energy Flux podcast page.
Ira shared his boundless knowledge on gas and LNG market dynamics, how Nord Stream 2 might just hold the key to solving the Ukraine crisis, and the complexities of remunerating gas-fired power generation in a decarbonising electricity mix.
The full 40-minute conversation is well worth listening in full, check it out here.
If you’re pressed for time, here are a few choice highlights:
“Nord Stream 2 is the genesis & (possibly) solution to the Russia-Ukraine crisis” — 1m 3s
“$100m LNG cargo profits erased in a few months much of the consumer savin…
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