A new narrative for gas
In his presentation, given at the recent Argus conference in Paris, Thierry Bros presents not only the LNG tightness indicator devised with Argus, but also the new European narrative for gas as explained in the last two OIES Quarterly Gas Reviews: 1/more coal to gas switching in Europe if the energy efficiency boost witnessed in 2006-2014 cannot be repeated going forward and 2/a new rational for European gas storage in an energy transition world still short of cheap energy storage options.
