Who actually shapes liquidity, cross-border flows and price discovery in SEE’s gas markets
Gas in South-East Europe is not just a commodity. It is infrastructure, geopolitics, finance, and strategic vulnerability wrapped together. Unlike electricity, which is inherently domestic to its grids even when cross-border trade is high, gas is structurally external in SEE. These markets depend on who can bring molecules into the region, who controls the pipelines, […]
