Europe’s Depleted Gas Storage Is Traders’ Hot Spot This Summer

Not only this summer – combined with plenty of regasification capacity and liquid gas hubs those depleted storage sites are the best tool for flexibility that LNG has. Asians and Latin Americans cannot store a lot of gas. They must buy delivery flexibility for a premium. Thats why it pays for an LNG producer to build a solid alliance with a European player that can accept last-minute LNG to sink. Those are complex deals. Welcome to a brave new world in LNG.