Why Is Europe Not Replacing Russian Pipeline Gas With Long-term LNG Contracts?

Why are European gas buyers reluctant to commit to long-term LNG contracts? European buyers’ general avoidance of long-term contracts signals that they will be willing to bid up prices when they need supplies. Paired with its continuing demand for LNG and refusal to meaningfully invest in new infrastructure, Europe’s “outbid everyone” LNG procurement strategy is a recipe for price volatility and higher prices – which the market already saw in 2021 and 2022.

This report is for subscribers only Start with a FREE 30-day trial and then save up to 22% with an annual subscription. Get instant access to over 1,700 reports. Cancel anytime.
Already a subscriber ? Log in

Related Posts

Trending Posts

Recent Post

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

Energise Your Wednesday!

SIGN UP to receive our weekly newsletter with new LNG market reports, presentations & analysis. EVERY WEDNESDAY!