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CommentWire
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UK wholesale gas prices have been at a premium to the US market; however, this has failed to encourage LNG shippers, which have diverted tankers away from the UK. Cargo needs, capacity planning and concerns about the security of supply should be raised, given that market fundamentals are not at work. A supply failure, albeit temporary, must be corrected for the market to function efficiently.
Published By Datamonitor
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01 Apr 2008 |
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Expert View
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Turkish prime minister Tayyip Recep Erdogan delivered a pointed message to European energy markets on a three-day visit to Brussels last week, stating that, if talks on Turkey's accession to the EU remain blocked: "we would of course review our position". This was Ankara 'playing the energy card', and demonstrated how developments through 2008 have changed Europe's energy outlook.
Published By Datamonitor
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26 Jan 2009 |
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