# 3 key factors driving European hub prices - Timera Energy

> European hub prices have roughly doubled since summer 2017, with half of that move occurring between July and September 2018. Three drivers are cited: Asian buyers pulling LNG away from Europe, coal-to-gas switching as coal and carbon prices rise, and constraints on incremental Russian gas flows. The analysis expects Europe's tightest winter this decade.

- Date: 2018-10-22 · published 2018-10-22T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/62750-3-key-factors-driving-european-hub-prices-timera-energy
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Competition for LNG and constrained Russian pipeline flows keep European gas prices elevated into winter. Higher European energy costs can shift global nitrogen fertilizer supply and raise costs for energy-intensive processors.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- timera-energy.com: https://timera-energy.com/blog/3-key-factors-driving-european-hub-prices/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.