Trevor Sikorski is the Head of Natural Gas and Carbon Research at Energy Aspects. Trevor has been analysing European energy and environmental markets for more than 15 years, having held senior analytical research roles with Barclays Capital, Point Carbon, Global Insight and PwC. He has an in-depth understanding of the global markets for generation fuels and carbon, including their fundamentals, trading behaviours, and complex interactions. In 2010, he was named the top carbon market analyst by Environmental Finance magazine and was in Commodity Magazine’s commodities research team of the year in 2011. Trevor is frequently featured in leading media outlets, including the Financial Times, BBC News, Reuters, Bloomberg, CNBC, Wall Street Journal, and Sky News.
LNG imports into Japan grew by 0.5 Mt y/y to 8.29 Mt in February, as sustained below-average temperatures in January and February supported higher power generation and gas use. We expected LNG imports to be strong, but February takes were still 0.3 Mt above our expectations.February saw a continu..
Predictions of a cold snap supported gas contracts last week, although prices were volatile on weather forecast volatility. Latest forecasts suggest that temperatures across Europe will climb over the next 10 days but remain below normal and well down y/y.Given cooler-than-normal weather for the..
EUA prices spent last week establishing themselves in a 11.0-11.5 €/t range, with a few intraday attempts to break below rebuffed by the market by the close. Still, the upward trend of the last nine months remains. The flat price gains have been supported by considerable outright buying, wit..
The JKM LNG curve was slightly softer this week despite the ongoing PNG LNG outage as NE Asian weather felt distinctly spring-like. Such warmth is allowing some regional stockbuilds, particularly given heavy buying of March cargoes by the region’s utilities after the cold January and Februa..
Gazprom announced at the start of March that it was starting procedures to cancel both its supply contract and its transit contracts with Ukraine. Cancelling the transit contracts via Ukraine raises the question of whether Gazprom can reroute sufficient gas to the rest of Europe. In 2017, ar..