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Europe & Russia - Consumption

Natural gas analysis & forecasts February 2019

Mild weather will continue to hit seasonal demand in major markets across Europe through the end of winter.

Average-to-above-average temperatures are forecast to dominate in much of Europe through the end of the winter period, which will continue to hit seasonal gas demand and demand for the year as a whole. This will limit consumption in Q1 2019, but the potential for more favourable economics for gas in the power sector – in part because of lower gas prices – is anticipated to support total offtake...