Shifting toward LNG

By | 2023-05-13T12:21:21+00:00 May 13th, 2023|Categories: Electricity Markets, Energy Markets, Energy Policies, Gas|Tags: , , |

The worldwide natural gas market experienced a significant upheaval in 2022 when Russia drastically reduced pipeline deliveries to Europe. This created exceptional pressure on supply and led to a global energy crisis. However, Europe managed to surpass historical storage averages in their underground gas reserves due to a variety of targeted policy measures, a sharp decrease [...]