2 ms·
Gas is, well, a gas. The only way to transport it in the absence of pipelines is liquifying it. LNG infrastructure is very hard to build, and right now there's
by neural_thing 4y ago
Gas is, well, a gas. The only way to transport it in the absence of pipelines is liquifying it. LNG infrastructure is very hard to build, and right now there's no additional LNG capacity to ship gas to Europe. It takes a while to build.
See https://doomberg.substack.com/p/have-fun-staying-cold https://doomberg.substack.com/p/have-fun-staying-cold
From last November
- balderdash 4y agoObviously, and obviously transporting and storing nat gas drives pretty large basis spreads globally. You still haven’t addressed WHY the fundamental price setting mechanism of nat gas would be any different from any other commodity.