Interconnected markets boost LNG trading
German gas and power firm Uniper sees a compelling need to understand LNG, given the impact on its core business
European gas and power prices are firmly imbedded in a global and cross-commodity matrix that requires an ever-broadening understanding, not least of LNG dynamics, says Keith Martin, chief commercial officer at Uniper. Fortunately, as he told Petroleum Economist at September’s Gastech conference in Houston, he sees greater liquidity, more participants and, crucially, increasing expertise in the traded LNG market. And a greater appetite on all sides to find innovative solutions and to optimise flexibility leads him to predict that the current LNG trading boom is here to stay. For Uniper, with European gas supply and gas-fired power as a core business, what are the advantages of being in the L
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