Brexit’s Impact on Gas Markets – Irish Options: IBP, NBP or TTF?

This comment, dealing with Ireland, is the second in the recently launched research series focusing on Brexit’s impact on gas markets as negotiations continue between the UK and the EU. In it we conclude that the Irish regulator should acknowledge that the TTF is the European index and should use this price signal. The UK gas market would then be surrounded with the same price signal from both East and West. Irish utilities, instead of sourcing gas on the UK hub, would need to sign contracts with Norwegian producers for gas to be delivered in to Ireland at a TTF price (with the UK being used as a transit country), thus solving the security of supply issue for the medium-term.


By: Thierry Bros

Related Publications

Latest Tweets from @OxfordEnergy

  • New OIES study on EU rules on gas pipelines: Complexity & lack of clarity in regulatory framework for incremental c… https://t.co/HDgUaRTwGO

    July 20th

  • Stern on Russia-Ukraine gas transit talks: It is a meaningful step to have established a process; but would be diff… https://t.co/oqkqFtmsaa

    July 20th

  • Building New Gas Transportation Infrastructure in the EU – what are the rules of the game? https://t.co/dyMFMaUIu9

    July 19th

Sign up for our Newsletter

Register your email address here and we will send you notification of new publications, comment, articles etc. automatically.