Danish production problems could boost plans for a Baltic Pipe connection linking Poland and Scandinavia, it has emerged.
Europe’s supply/demand gap is set to widen, making the region more dependent on imports. But with strong piped supplies expected to grow, the market for LNG could be limited.
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Lower temperatures are supporting prices following the cold snap that has hit much of Europe. The NBP day-ahead rose to nearly 29 p/th ($4.17/MMBtu) on Tuesday, up from 28 p/th at the end of last week, supported by an increase in heating-related gas demand. Day-ahead prices have also risen on the continent, with the TTF up to roughly 28 p/th, up by more than 1 p/th since the end of last week.