Natural Gas →Stands to benefit
Norway
The proposed Netherlands-Norway interconnection would channel more European gas demand toward Norwegian supply, making Norway a direct beneficiary.
90% confidence
Natural Gas →Prices ease
United States
Because the event explicitly shifts dependence away from U.S. imports, U.S. gas exporters face displaced volumes and weaker realized prices.
84% confidence
LNG peak-shaving and import facilities →Prices ease
United States
The United States supplies 55% of this node's inputs, so a new Netherlands-Norway gas interconnection that displaces LNG imports would reduce demand and pricing for U.S.-sourced gas into these facilities.
80% confidence
Natural Gas →Prices ease
Qatar
Qatar is a named Middle East source being de-emphasized, so the shift toward Norwegian/Dutch gas should दब demand and pricing for Qatari exports.
80% confidence
Norway →supply up
Natural Gas
The interconnection should increase the availability of Norway-origin natural gas, which accounts for 15% of this input.
75% confidence
Norway →supply up
Natural Gas (glass furnace fuel)
More Norwegian gas export capacity should raise supply of Norway-sourced natural gas used in glass furnaces, where Norway has a 15% share.
73% confidence
Interstate natural gas transmission pipelines →Prices ease
Kinder Morgan, Inc.KMI
If Europe shifts gas sourcing away from the U.S., interstate pipeline throughput and transport-fee pressure can soften for Kinder Morgan's large pipeline footprint.
61% confidence
Interstate natural gas transmission pipelines →Prices ease
Williams Companies, Inc.WMB
A move away from U.S.-sourced gas can leave more pipeline capacity underutilized and put downward pressure on Williams' transport economics.
58% confidence
Interstate natural gas transmission pipelines →Prices ease
TC Energy CorporationTRP
Less dependence on U.S. gas reduces demand for interstate transmission services, which can weigh on TC Energy's pipeline pricing and utilization.
52% confidence
Interstate natural gas transmission pipelines →Prices ease
Energy Transfer LPET
A Europe that leans less on U.S. imports can mean weaker transport demand through Energy Transfer's interstate gas network.
49% confidence
Interstate natural gas transmission pipelines →Prices ease
Boardwalk Pipeline Partners LP
Even with smaller market share, Boardwalk's pipeline revenues can soften if a new Dutch-Norwegian connection diverts European demand away from U.S. gas.
46% confidence
