European natural gas hub liquidity has grown during the last decade, with gas trading volumes evolving around the UK NBP and the Dutch TTF virtual trading points. However, hubs' liquidity and maturity are developing at a different rate and in different ways across Europe. Patrick Heather, senior research fellow at the Oxford Institute for Energy Studies joins Lucie Roux, senior European gas specialist at Platts, to discuss whether European gas hubs provide a true reference point, if a high level of liquidity is needed at each hub, and what the liquidity growth expectations are for the main hubs in the coming quarters.
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