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Countdown to Mozambique LNG restart
Mozambique’s insurgency continues, but the security situation near the LNG site has significantly improved, with TotalEnergies aiming to lift its force majeure within months
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An LNG tanker approaching the port of Mugardos in Spain
LNG Europe UK ETS
Peter Ramsay
5 July 2021
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Europe’s gas market to rely on imported flexibility – IEA

Despite current unusually high prices, the agency is relatively relaxed that portfolio LNG can replace domestic swing without the need for radical change in European contracting

European and global gas prices in the second quarter have not been as “calm” as the IEA was expecting at the end of Q1, Jean-Baptiste Dubreuil, the organisation’s senior gas analyst, admitted in early July. “A string of extreme events”, including a drought in Latin America and heatwaves in Asia and the Pacific coast of North America, have driven prices higher. In Europe, the benchmark Dutch TTF market averaged $8.70/mn Btu, while current spot and forward prices led the IEA to assume “prices will remain well above their five-year averages during the second half of 2021, at $11/mn Btu”. $8.70/mn Btu – Average TTF price in Q2 Maintenance and unplanned outages have reduced supply, while

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Countdown to Mozambique LNG restart
25 July 2025
Mozambique’s insurgency continues, but the security situation near the LNG site has significantly improved, with TotalEnergies aiming to lift its force majeure within months
China creates two-tier oil dynamic
25 July 2025
There is a bifurcation in the global oil market as China’s stockpiling contrasts with reduced inventories elsewhere
Trump’s Russia threat rings hollow
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
US oil sector faces complicated path
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand

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