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European LNG Moves Away from Long-Term Contracts

NATURAL GAS

Europe's exposure to spot gas markets is set to increase from 20% in 2021 to close to 80% by 2030 without new long-term contracts according to the IEA.

  • Such exposure to the spot market will inherently drive up price volatility and will raise questions related to gas supply security and portfolio risk management.



source: IEA

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