I'd like to think that the various parties to this transportation MOU are at least giving a red hot crack at getting something down in paper before xmas.
The Gas price in UK is now £2.68 per btu for Jan 22 delivery. The Dutch TTF for Jan 22 delivery is trading €1.06, only 10c from its all time high back in Sept.
This Russia/Ukraine thing feels like a "when" rather than an "if", which has to be a nightmare scenario for European governments trying to keep gas prices affordable. Mind you if there is no gas to supply, I guess thats one way of solving that particular issue!
Ann: Updated Corporate Presentation, page-65
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