Recent developments on European natural gas policy hint at overconfidence and complacency by policymakers in our view. Meanwhile, we see US gas prices at near floor and believe that this is the year Canadian gas prices finally take off. On equities, we like Canadian natural gas plays Birchcliff and Peyto.
Ukraine cut the remaining pipelines to Hungary and the Tchek republic in the last 4 months and stepped up attacks on the Russian shadow tanker fleet. At least 15 SBU attacks to vessels in port or in movement, mainly in the engineering compartments. And attacks on storage and refineries. I would rule out supply from Russia to Europe, at least one that is consistent and reliable.
Which companies own these LNG projects?
Thank you for your work!
Ukraine cut the remaining pipelines to Hungary and the Tchek republic in the last 4 months and stepped up attacks on the Russian shadow tanker fleet. At least 15 SBU attacks to vessels in port or in movement, mainly in the engineering compartments. And attacks on storage and refineries. I would rule out supply from Russia to Europe, at least one that is consistent and reliable.