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Gas/LNG

Gas market participants rail against mandatory bundling

The Agency for the Cooperation of Energy Regulators hopes a new network code on capacity allocation will promote a more efficient and open gas market in Europe. But market participants warn the principle of mandatory bundling embedded in the code could…

LNG derivatives suffer from lack of liquidity

The growth of LNG fuelled high hopes for the LNG derivatives market, causing exchanges to launch a variety of contracts during 2012. But firms say there’s a long way to go before a liquid market emerges. Jay Maroo investigates

Sponsored Q&A: APX-Endex

APX-Endex and Fluxys Belgium are working together to reshape the Belgian natural gas market. Christian Moger, APX-Endex’s commercial manager of the Continental spot gas markets, explains how the new market will be structured and what APX-Endex and Fluxys…

Growing pressure to de-link European oil and gas prices

Gazprom’s latest renegotiations of its long-term gas supply contracts resulted in lower prices for the buyers, but no attempt to move away from oil indexation. But with spot gas prices in Europe forecast to remain depressed, the pressure to de-link oil…

Brazil’s electricity & gas markets

In this exclusive interview, the chief finance officer of Brazilian utility Cemig, Luiz Fernando Rolla, speaks with Gillian Carr about the development of the emerging Brazilian power and gas markets, and his company’s future plans

Assessing LNG market risk

Managing the risks of liquefied natural gas markets means being aware of market, credit, foreign exchange and systemic risk, writes Stephen Maloney. When correlations converge and with systemic risk ascending, agility might be the best strategy

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