Episode 440: LNG remains critical to Europe's security of supply despite geopolitical and regulatory risks

Episode notes

The US-Israeli led war against Iran has unleashed extreme volatility across energy markets, with natural gas prices rising as much as 70% in the first ten days of March. Traders fear that the longer the shortfall lasts the more difficult it will become to refill gas stocks. While the fog of war remains thick in Iran and the Gulf, traders are struggling to get clarity and some degree of predictability. To find out how they navigate this situation and how events are seen by LNG traders, ICIS reporter Aura Sabadus caught up with James O’Brien, head of LNG at D.Trading, the trading arm of leading Ukrainian oil, gas and electricity private producer DTEK, and Luca Palmeri, CEO and founder of MCND, a dedicated consultancy, and himself a former senior LNG trader.

• Episode 444: The next big commodity in gas markets is not gas, it is data57 / 100
• Episode 443: Europe’s biomethane sector gains momentum despite policy challenges
• Episode 442: Poland bets on LNG and tariff reform to strengthen CEE gas hub status
• Episode 441: War, energy shocks and what comes next
• Episode 439: Deeper EU market is key to address economic, security challenges