Study sees uneven natural gas trade in Europe

The wholesale gas market in Europe is developing unevenly and too slowly to suit many traders.Furthermore, the liberalization that stimulates gas trade remains subject to questions about whether it’s effective and even appropriate, notes a new research study.According to European Gas Trading 2006 by Mary Jackson and Nigel Harris, principal consultants and directors of Kingston Energy Consulting of London, the UK and Benelux countries-Belgium, the Netherlands, and Luxemburg-have Europe’s only “truly liquid trading markets” for gas.Although liquidity is limited elsewhere, “nascent trading markets” in France, Germany, Italy, and Spain are growing rapidly, ...

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