China may backtrack from plans for a huge expansion of coal-to-gas plants amid intense debate over their potential environmental impact and fears of an oversupplied domestic gas market.
Gazprom’s access to the OPAL pipeline remains limited to 50%, although a decision to release the blocked capacity could be reached in January. It could facilitate increased flows to Europe, but will it happen?
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Cheap gas resulting from the US shale boom will cause profound structural changes to oil markets, analysts say, with gas becoming a ‘threat’ to oil demand growth
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