Gas

Power and gas prices seem to have no roof …¿What now?

By | 2018-06-12T15:34:04+00:00 April 12th, 2018|Categories: Electricity Markets, Energy Markets, Gas, M·Blog|Tags: , , , |

As we have already pointed out in previous articles, 2017 was a bullish year in the energy markets. In the previous blog "OMIE Forecast? Place your bets " we detailed the fundamentals that justified these increases. However, this does not mitigate the concern of procurement managers who have the arduous task of optimizing costs year after [...]

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IS EU PLAYING RUSSIAN ROULETTE AGAIN?

By | 2018-06-12T15:34:04+00:00 March 26th, 2018|Categories: Gas, M·Blog|Tags: , , , |

The last few weeks have been a real throwback to Cold War years for both Russia and UK, as Prime Minister Theresa May accused Moscow of poisoning a Russian ex-spy with a rare nerve agent in Salisbury, England. The Kremlin rejected the accusation and insisted the UK must prove Russia’s role in the attack or apologise. [...]

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We are approaching the time of gas market injection in Europe, but will we get there unharmed?

By | 2018-06-12T15:34:04+00:00 March 13th, 2018|Categories: Gas, M·Blog|Tags: , , |

Like all other markets, natural gas moves upwards when there are more buyers than sellers in the market and moves downwards when the opposite happens. The tough world of "intuitive" operations has been back on its head again last week. The fundamentals, technical analyses and any other form of analysis that we are used to, come [...]

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The Mibgas and The Midcat and more gas.

By | 2018-06-12T15:34:05+00:00 December 13th, 2017|Categories: Energy Markets, Gas, M·Blog, Spain|Tags: , , , , , |

We've talked a lot about Mibgas, the hub gas in Spain that should have started in 2014 and was delayed a year. Above all, it has been discussed the potential for Spain as explained in our article "The alternative for our energy island". An article in which Spain is presented as a top league player in [...]

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Rough and the growing effect of LNG in Europe

By | 2017-07-26T09:03:21+00:00 July 12th, 2017|Categories: Gas, M·Blog|Tags: |

On June 20th, Centrica announced the permanent closure of Rough gas storage, situated 29km offshore Easington in Great Britain. This news could be overlooked by many if it were not because it accounts for 70% of UK storage capacity, equivalent to 9 days of gas supply, and can supply 10% of peak daily whole country gas [...]

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Natural Gas Demand in Europe: What’s the medium-term scenario?

By | 2017-06-28T13:45:24+00:00 June 7th, 2017|Categories: Energy Policies, Gas, M·Blog|Tags: , , |

Gas demand in Europe has been characterized by extreme optimism and success when the business started to run in the early 60’s. After the discovery of the Groeningen gas field in the Netherlands in 1959, gas started to be seen as the potential centre of the energy policies not only for the country but for the [...]

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Gazprom & the love-hatred story of Europe and Russia

By | 2017-04-28T12:05:11+00:00 February 8th, 2017|Categories: Gas, M·Blog|Tags: , , , , |

This last winter, temperatures were extremely low (hitting records in several countries) throughout the European continent. As a consequence, demand for natural gas soared in countries that found difficulties to satisfy its consumers. It is  a fact the European Union relies on non-member countries for its supply of this commodity. According to the latest available data and [...]

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DUtch TTF: To index or not to

By | 2017-05-31T14:39:19+00:00 September 19th, 2016|Categories: Energy Markets, Gas, M·Blog|Tags: , |

When we conduct a tender for gas, some suppliers have used indexation “Title Transfer Facility” (TTF) as a differentiating element of its proposal. Many times, as seeing as something different than what we’re used to, we do not get to see the advantages or disadvantages of this product and return to the famous formula Brent (or [...]

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The getaway for our Energy Island

By | 2017-05-31T15:09:33+00:00 September 5th, 2016|Categories: Energy Markets, Gas, M·Blog, Spain|Tags: , |

Spain can play an important role in the European gas market over the coming years. The launch of the organized market MIBGAS last December could make a real difference in the peninsula’s gas price model, especially when the market will reach greater maturity and liquidity, with the will to be the gas price benchmark in Southern [...]

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Is Asia becoming the new “El Dorado” of Natural Gas?

By | 2017-06-01T08:06:16+00:00 June 27th, 2016|Categories: Gas, M·Blog|Tags: , |

Four years ago the IEA, introduced the concept of “the golden age of gas”. Nowadays there is no place where this expression seems more relevant and real than Asia, where a bright future seems to await this commodity, and where its demand in 2035 is estimated to equal that of USA. The LNG industry has looked [...]

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