Italy LNG imports surged in July 2026, making the country the EU’s largest LNG importer as other major European buyers scaled back purchases amid sharply higher gas prices. Ship-tracking data cited by Fabian Vera showed Italy taking a markedly different approach from its European peers. European gas prices had almost doubled year-to-date and risen more […]
TTF gas prices surged by more than 10% on Monday as European markets reacted to mounting supply risks ahead of the winter heating season. Greg Molnár, gas analyst at the International Energy Agency (IEA), highlighted the extension of the Ormen Lange outage in Norway to February 2027, which could remove more than 1 Bcm of […]
European gas storage is facing a growing market paradox as weakening seasonal spreads reduce the commercial incentive to inject gas ahead of winter. In the following market commentary, Greg Molnár examines why deteriorating market economics could undermine Europe’s storage preparedness despite rising geopolitical risks. The European gas storage paradox: seasonal spreads on TTF collapsed to […]
TTF gas price has climbed back above €60/MWh as geopolitical tensions reshape the European gas market. In the following opinion piece, Francesco Sassi argues that European policymakers have underestimated the growing energy security risks and failed to adequately prepare for a more volatile geopolitical environment. The TTF front-month natural gas price—the primary benchmark for understanding […]
German energy policy decisions have repeatedly produced consequences extending far beyond the country’s borders, writes Geoffroy Hureau, Cedigaz The title may sound provocative. But the underlying question deserves to be asked. Over the past two decades, Germany has repeatedly made major national energy choices before putting in place the infrastructure and safeguards needed to absorb […]
Russian LNG imports reached a record high during the first half of 2026, underscoring the gap between Europe’s long-term policy objectives and the realities of today’s LNG market. Greg Molnár examines the key factors behind the surge and what they could mean for the second half of the year. While the Russian gas phase-out is gradually […]
TTF prices surged by more than 30% since late June to open well above €50/MWh this morning—their highest level since early April. Meanwhile, JKM prices surged to above $18.5/MMBtu. Renewed tensions in the Gulf are providing upward pressure on gas prices. In addition, more cooling needs in Asia amid super El Niño are set to […]
German gas storage facilities remain technically capable of being refilled ahead of winter, but the latest scenario analysis suggests that market conditions – not infrastructure – have become the decisive factor. While Germany’s gas system has the physical capacity to rebuild inventories before the heating season, current price signals are providing too little incentive for […]
Global gas market developments are examined in a new commentary highlighting five key takeaways from the latest quarterly gas outlook. The analysis looks at LNG supply resilience, Asian demand, coal-to-gas switching and the outlook for global gas markets during the second half of 2026. It is summer, it is hot, and the latest IEA Quarterly […]