Lithuania may have ultimately lost its arbitration case against Gazprom, but the country’s politicians argue they have already won in their effort to break the Russian exporter’s monopoly.
Argentina’s plan to end its dependence on LNG presents difficult questions for suppliers such as Trinidad, the US and Australia.
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European hub prices dipped on Tuesday. The NBP day-ahead price fell to 34 p/th ($4.98/MMBtu), down from 35 p/th on Monday. Similar declines were seen at the TTF and German hubs. The PEG Nord fell furthest over the start of the week – with the day-ahead price dropping by more than 2 p/th, to 33 p/th, on Tuesday. The NBP day-ahead has averaged around 34 p/th so far in June, and the declines on Tuesday followed a week of gains.