Ethane is exported from Marcus Hook, Pennsylvania
Ineos aims to close US-Europe energy costs gap
The chemicals heavyweight is trying to bring to LNG the model it has already rolled out in petchems feedstocks
Indexation asymmetry is one of the factors put forward as to why more European gas importers do not sign up to long-term LNG contracts, preferring instead to take their chances either on the seaborne spot market or buying post-regasification on pipeline trading hubs. The customers of these importers—be they distributors, generators, or large industrial and commercial (I&C) end-users—demand TTF indexation because that is what their competitors have. And a relative scarcity of LNG term sellers willing to sell on a TTF basis means potential European buyers baulk at managing possibly decades of basis risk between an import contract on another index back-to-back with sales agreements on the T
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
