Gas Market Unfazed by Another Winter Without Russian Supply
Brimming inventories and tepid industrial demand mean there’s little concern about LNG shortages as the weather turns colder.
Construction works on a pipeline to Uniper SE’s LNG floating storage and regasification unit in Germany in September 2022.
Photographer: Krisztian Bocsi/Bloomberg
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, senior reporter Stephen Stapczynski looks at the reasons why no one is panicking about a lack of liquefied natural gas this winter. For more on how a pipeline giant is pushing Texas’s power grid to the brink, read this. To get this newsletter sent to your inbox, click here.
For the global gas market, winter is over before it even began.