another big reason is the difference in pricing between pipe and shipping. With pipe it's instant while with ship the spot pricing is before the ship start it's

another big reason is the difference in pricing between pipe and shipping. With pipe it's instant while with ship the spot pricing is before the ship start it's journey from the filling port. Added to the complexity that in EU all the ships with natural gas are stuck at ports because unloading capacity has not been upgraded. Combining both has reduced the spot prices so that more gas is not sent. It does not reflect the real demand which we are going to have in few months or the volatility. if you like volatility, natural gas is the best product. One contract is around $60k and could net you thousands in minutes if you play it right.