Fluctuation Trend of Gas Price Difference between Asia and Europe in 2025
The price correlation between the Asian and European natural gas markets is becoming increasingly remarkable,making a thorough analysis of the price differences between Asia and Europe is crucial for cross-regional trade and spot hedging.This study analyzes the fluctuation trends of the Asia-Europe natural gas price difference for 2025,highlighting that the Russia-Ukraine conflict has increased market uncertainty and further strengthened the market linkage between Asia and Europe.By reviewing historical price differences and focusing on the key variable of Russia-Ukraine pipeline supply,it's predicted that the European natural gas market will face supply tightness in 2025,which will lead to a reduction in the Asia-Europe natural gas price difference.Furthermore,comprehensively considering multiple factors such as freight rates,climate,supply,inventory,and alternative energy prices,with the market factor scoring method,and draw the following conclusions:it is expected that the price difference will be supported in the second quarter of 2025;while in the fourth quarter,the price difference may show weakness.
NETL
NSTL
万方数据
