Highlights Triggers for recent price shock to also feature longer term Weather, LNG supply key winter factors for European gas market Demand increasingly ‘unpredictable’ due to climate change The current high gas price environment in Europe is likely to persist in the medium term as some of the main market drivers are set to remain key factors in the future, the head of the trading arm of Switzerland’s MET said in an interview. Receive daily email alerts, subscriber notes & personalize your experience. Register Now European gas prices remain at sustained highs having reached record levels in October on the back of strong demand, upstream disruptions and winter supply concerns. “We can’t call these high prices a blip anymore — it’s been the case now for more than three months,” MET International CEO Gyorgy Vargha said. Vargha said extreme weather and lower production due to lack of maintenance work […]