2024-12-25 16:10
IndustryEU Gas Prices Rise on Supply Fears as Cold Looms
European gas prices hover above €45/MWh, up over 10% in four sessions, as colder weather looms and the Russia-Ukraine transit deal nears expiration. Increased LNG demand may spike competition with Asia, keeping the market volatile into 2025.
Slovakia warns of risks, while Ukraine seeks to block Russian gas flows. EU efforts to diversify face hurdles amid LNG project delays and geopolitical tensions, including U.S. tariff threats under Trump.
#Energy #NaturalGas #Europe #LNG #SupplyDemand
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EU Gas Prices Rise on Supply Fears as Cold Looms
| 2024-12-25 16:10European gas prices hover above €45/MWh, up over 10% in four sessions, as colder weather looms and the Russia-Ukraine transit deal nears expiration. Increased LNG demand may spike competition with Asia, keeping the market volatile into 2025.
Slovakia warns of risks, while Ukraine seeks to block Russian gas flows. EU efforts to diversify face hurdles amid LNG project delays and geopolitical tensions, including U.S. tariff threats under Trump.
#Energy #NaturalGas #Europe #LNG #SupplyDemand
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