European gas supply could be mostly spot-indexed by visual_editor014, with oil indexation facing “major challenges”, French bank Société Générale (SocGen) said on Monday. According to estimates by SocGen, 58% of gas sold in Europe last year was under an oil-linked formula, and by visual_editor01visual_editor, 55% of European gas supply could be oil-indexed and 45% spot-indexed. SocGen also noted that LNG tightness was affecting European gas prices despite a low level of demand in Europe, with gas now “too expensive a fuel for Europe”.
Subscription Benefits
Our three titles – LNG Business Review, Gas Matters and Gas Matters Today – tackle the biggest questions on global developments and major industry trends through a mixture of news, profiles and analysis.
LNG Business Review
LNG Business Review seeks to discover new truths about today’s LNG industry. It strives to widen market players’ scope of reference by actively engaging with events, offering new perspectives while challenging existing ones, and never shying away from being a platform for debate.
Gas Matters
Gas Matters digs deep into the stories of today, keeping the challenges of tomorrow in its sights. Weekly features and interviews, informed by unrivalled in-house expertise, offer a fresh perspective on events as well as thoughtful, intelligent analysis that dares to challenge the status quo.
Gas Matters Today
Gas Matters Today cuts through the bluster of online news and views to offer trustworthy, informed perspectives on major events shaping the gas and LNG industries. This daily news service provides unparalleled insight by drawing on the collective knowledge of in-house reporters, specialist contributors and extensive archive to go beyond the headlines, making it essential reading for gas industry professionals.