Platts: European natural gas stocks could help temper any loss of Russian supply
The conflict between Ukraine and Russia could cause the global LNG market to tighten further if the crisis were to escalate and affect gas flows into Europe, but high gas storage inventories in the region should create a buffer in the short- to mid-term, limiting the impact on LNG markets, according to industry analysts.
Pipeline flows of gas through Ukraine have not been impacted by the political upheaval in Ukraine.
Russia is Europe's largest single gas supplier and about half of that gas passes through pipelines in Ukraine.