Ethane is exported from Marcus Hook, Pennsylvania
Ineos aims to close US-Europe energy costs gap
The chemicals heavyweight is trying to bring to LNG the model it has already rolled out in petchems feedstocks
Indexation asymmetry is one of the factors put forward as to why more European gas importers do not sign up to long-term LNG contracts, preferring instead to take their chances either on the seaborne spot market or buying post-regasification on pipeline trading hubs. The customers of these importers—be they distributors, generators, or large industrial and commercial (I&C) end-users—demand TTF indexation because that is what their competitors have. And a relative scarcity of LNG term sellers willing to sell on a TTF basis means potential European buyers baulk at managing possibly decades of basis risk between an import contract on another index back-to-back with sales agreements on the T
Also in this section
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
6 August 2025
Diesel market disruptions have propelled crude prices above $100/bl twice in this century, and now oil teeters on the brink of another crude quality crisis
5 August 2025
After failed attempts to find a buyer for its stake in Russia’s largest oil producer, BP may be able to avoid the harsh treatment meted out to ExxonMobil and Shell when they exited—and could even restart operations if geopolitical conditions improve
