The ICIS Dutch TTF gas benchmark closed above the East Asian Index (EAX) spot LNG price on 20 March for the first time in three years, inverting the usual relationship between the two and underlining the bearish mood that has gripped the spot LNG market since September. The contract for May delivery on […]
Energy Connections
ICIS View: Groningen residents’ gain is Europe’s loss
As the bill to cut production from the Netherlands’ giant Groningen field makes its way through the Dutch halls of power, the challenges of implementing it are becoming increasingly apparent. Traders want greater clarity on how fast production will fall, particularly in the coming gas year. Big industrial customers forced to convert infrastructure for use with imported […]
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