Related Articles
Report
Forward article link
Share PDF with colleagues

Evergreen gas problem

After years of decline, the continent's demand is rising again, creating a new battlefield for exporters

The cold weather that enveloped much of Europe in January has set the tone for what energy suppliers and traders expect will be another improving year for energy demand across the continent. The strength of that recovery, though, depends largely on Europe's economic growth remaining steady. Several pitfalls could derail that hope. The freezing spell, which saw temperatures in southeast Europe fall to -9° Celsius, compared with a 10-year average of 1.5° C, immediately boosted demand for liquefied natural gas in Europe, which is battling Asia for supplies. Naturally, this pushed up spot prices. On France's southern hub they reached a record $11.40 per million British thermal units, according

Also in this section
Gaza gas stranded at sea
16 January 2018
Palestinians' hopes that a gas discovery made offshore 18 years ago can be developed are unlikely to be realised soon
Kuwait goes for gas
16 January 2018
Despite the perennial shadow of political turbulence, upstream gas and LNG import projects are progressing
Energy Web Atlas Releases New Features for Real-Time LNG Intelligence Service
16 January 2018
Energy Web Atlas leads the market with expanded LNG and pipeline data and improved import and annotation functions