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14 comments on The gas supply situation is not getting much clearer

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dissident on January 27, 2006 - 1:30am Permalink | Subthread | Comments top
Which countries are going to supply LNG to Europe to replace piped Russian gas?  It seems that mode of delivery is being confused with supply.  Also, the LNG is going to cost at least double the $240 per tcm that they are currently paying for the  "unreliable" Russian gas.
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tochigi on January 27, 2006 - 8:49am Permalink | Subthread | Parent | Comments top
yes, the fsu and former eastern bloc countries still receiving heavily discounted natural gas from Russia are going to be in serious trouble soon. as the nat gas market becomes more like the crude oil market everyone will be expected to pay the "going rate", either on a spot or futures contract basis. for the countries with access to LNG terminals, their only hope is to negotiate long-term supply at favourable rates. but surely, if the UK is in trouble, these less affluent places are really playing against the odds.
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