Buckle up for another turbulent year in natural gas market

Here are some of the questions traders will be asking about 2022:Europe’s sky-high prices should plummet when the Nord Stream 2 pipeline from Russia starts, as the new flows ease shortage fears. The problem is that no one is entirely sure when that will happen.Article content

The ongoing energy shortage is due partly to China’s need to power its economy while shifting away from dirtier fuels, particularly coal, in pursuit of ambitious climate goals. Economic growth for 2021 will exceed target, and the government said it is fully confident about next year — potentially leaving less gas for Asian rivals, Europe and South America.

The governments of Australia and Japan say the world needs more investment in upstream natural gas supply to avoid another shortage. Whether that materializes in 2022 could help determine whether there will enough gas at the decade’s end.Two new LNG export facilities in Louisiana could transform the U.S. into the world’s top exporter. The commissioning process has started for Train 6 at Sabine Pass and Calcasieu Pass LNG, and now it’s just a question of when they will send their first cargoes.

Yeah make up profits for loss in covid years, silly yet everyone have to fear rather than root cause analysis

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