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Secure gas and LNG value chains call for greater international co-operation
Russia’s full-scale invasion of Ukraine in 2022 triggered the first truly global gas crisis, with natural gas and LNG markets contending with supply disruptions and unprecedented price volatility. The gas crisis had broader implications on other energy commodities, including electricity with gas being the marginal price setter in many markets including heat, which remains heavily reliant on gas, and coal via gas-to-coal switching. Beyond the energy complex, the fertiliser sector was among the most impacted, due to its high exposure to natural gas prices, which in turn led to dramatic increases in the price of food. ... (full story)
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- Posted: Oct 1, 2024 4:22pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 68
