After the start of the week was dominated by headlines regarding US import tariffs to be imposed on China, Mexico, and Canada, the Trump Administration has seemingly moved on, turning its focus on policies pertaining to Iran and bringing the Russia/Ukraine war to an end. For the global gas market, a negotiated end to the Russia/Ukraine war has the potential for an increase in Russian pipeline gas to Europe. Timing and magnitude of those flows matter and would change the current supportive price regime for the TTF natural gas market, potentially narrowing the arb between global gas and US natural gas prices in the intermediate term even sooner. We will discuss how an increase of Russian pipeline flows to Europe could impact the global natural gas markets.
Speaker:
Shikha Chaturvedi, Head of Global Natural Gas Research
This podcast was recorded on 7 February 2025.
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