Never say never, but is winter over before it even started? | EU LNG chart deck: 13-24 Nov 2023
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As TTF touches €100 per MWh, US LNG profits in Europe swell to $100 million on every cargo. Déjà vu, 2022?
EU leaders worry about growing dependence on US LNG, and Canada offers an alternative. But European utilities buying Canadian LNG will likely send it to Asia while US gas supplies Europe. That arrangement has value, but needs an honest political sales pitch.
Illegal, uncommercial, and morally bankrupt: Kushner’s tone-deaf pitch for Europe to restart Russian pipeline flows is dead on arrival
Modelling by Europe’s gas network operators implies Ukraine would send almost 5 Bcm westward in a harsh winter, even if that means leaving one tenth of domestic demand unmet