2023 in review

And a look ahead to next year in Energy Flux

It’s been another wildly unpredictable year in gas and energy markets. Europe coped surprisingly well after losing almost all Russian pipeline gas, although the ~€1 trillion bill for switching to liquefied natural gas (LNG) will leave a lasting scar.

There’s been no lack of exogenous shocks: strikes in Australia, Israel’s war on Gaza, extreme congestion …