Gas trading volumes in Europe declined by around 4% year on year in Q1 2017. This was despite a strong upturn in gas demand in 2016 caused by increased power sector and weather-related demand. Nevertheless, the Dutch TTF hub has so far been resilient relative to other main competing trading centres. However, a cap on gas production at the Groningen gas field in the Netherlands and a switch away from gas in the power sector may change this picture.
Over-the-counter (OTC) gas trading on the TTF...
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