Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Poland Surges Towards Energy Sovereignty | 40 comments (40 topical, editorial, 0 hidden)
LNG Flotilla Seeking Best Profits In Europe (none / 0)
European Gas Drops 18% As US Sends LNG Flotilla

The news of the flotilla sent the benchmark Dutch front-month gas spiraling down 18% to 141 euros in Amsterdam, wiping out this week's gains. 

Plunging gas prices were a relief for European power customers. French power contracts tumbled 24% to 775 euros per megawatt-hour and German electricity fell 15% to 277 euros per megawatt-hour. 

The reason for the flotilla is that the European and U.S. natgas spread is the widest ever and well over a 15-year range. The hefty premium has made it worthwhile for commodity traders to take advantage of massive arbitrage opportunities. 



'Sapere aude'
by Oui (Oui) on Fri Dec 24th, 2021 at 05:57:23 PM EST
Re: LNG Flotilla Seeking Best Profits In Europe (none / 0)


'Sapere aude'
by Oui (Oui) on Fri Dec 24th, 2021 at 05:58:53 PM EST
[ Parent ]

Poland Surges Towards Energy Sovereignty | 40 comments (40 topical, 0 editorial, 0 hidden)
Display:

Top Diaries

More Status Quo please - for now

by Frank Schnittger - Dec 2
2 comments

Bethlehem Lies In Palestine

by Oui - Dec 10

Full Circle from Baghdad to Damascus

by Oui - Dec 9
6 comments

The Really Hard Work Starts Now

by Frank Schnittger - Dec 3
2 comments

Energy (and Other) Events Monthly - 2024

by gmoke - Nov 28

The Irish general election draws near

by Frank Schnittger - Nov 21
10 comments

Recent Diaries

Ukrainian and Al Qaeda Terror Joined in Syria

by Oui - Dec 11
10 comments

Bethlehem Lies In Palestine

by Oui - Dec 10

Full Circle from Baghdad to Damascus

by Oui - Dec 9
6 comments

Turks and Sauds to Install Sunni Terror in Damascus, Syria -...

by Oui - Dec 8
8 comments

More Back-Stabbing in the New Middle East

by Oui - Dec 7
18 comments

#WeAreNATO v Rest of the World

by Oui - Dec 5
4 comments

The Really Hard Work Starts Now

by Frank Schnittger - Dec 3
2 comments

US Syrian Quagmire - A Second Life

by Oui - Dec 2
14 comments

More Status Quo please - for now

by Frank Schnittger - Dec 2
2 comments

The Arab States Are Faced with Virulent Zionism in Israel

by Oui - Dec 2
6 comments

December 2024

by Oui - Dec 1
14 comments

Next Step An Integrated, Sovereign Europe

by Oui - Dec 1
4 comments

Making the Europe and BreXit Trump Proof ...

by Oui - Nov 30
6 comments

Energy (and Other) Events Monthly - 2024

by gmoke - Nov 28

Not A Permanent Ceasefire Lebanon-Israel

by Oui - Nov 28
9 comments

Clash of Empires - Crossroads @ Middle East

by Oui - Nov 27
6 comments

City Agriculture - November 26, 2024

by gmoke - Nov 26

Harry Truman: 'The Buck Stops Here'

by Oui - Nov 26
8 comments

German Election False Promises, Lack of Vision

by Oui - Nov 26

EU Patriots, Hudson, VDL: ICC Arrest Warrants

by Oui - Nov 25
13 comments

More Diaries...

Occasional Series