European gas prices are likely to fall further amidst ample supplies

European gas prices are already near the lowest levels in a decade, and they could fall further in the near term as local gas markets near the point of saturation. Buyers are not only well-stocked with gas from traditional pipeline suppliers such as Russia and Norway but are also receiving LNG from the U.S. and other newcomers, Bloomberg reported on September 3.

Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

LinkedIn Twitter