I know for certain that a lot of extra gas was going to China, being liquefied and being sent back to Europe. But there are more factors determining the current price. Increased liquefied natural gas from the US. It was a apparently mild winter which meant decreased heating demand, and a lot of industrial producers shut down in Europe because the price was too high.
I know for certain that a lot of extra gas was going to China, being liquefied and being sent back to Europe. But there are more factors determining the current price. Increased liquefied natural gas from the US. It was a apparently mild winter which meant decreased heating demand, and a lot of industrial producers shut down in Europe because the price was too high.