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Published February 2021
Europe is cementing itself as a global LNG balancer, price anchor and demand hub in its own right. Amid this, while market access has taken center stage, there still is no mechanism to manage or trade terminal access and capacity on a multi-terminal basis, making access rights a valuable commodity in its own right. Without evolutionary change in this part of the LNG value chain, capacity risk could create a bottleneck to efficient market trade.