Global Markets

Europe’s gas market facing new volatility

Developments in the storage and transport sectors, together with rising Chinese LNG demand, will make the European gas market less predictable Developments in the storage and transport sectors, together with rising Chinese LNG demand, will make the European gas market less predictable.
By Silvia Favasuli 8 November 2018 0 33231
The Dunkirk LNG terminal in France France’s Dunkirk LNG terminal. (EDF)

Europe’s gas market will become more volatile as a result of changes to the storage and transport sectors combined with developments in global LNG demand, delegates at the European Autumn Gas Conference in Berlin heard on Wednesday.

Piero Ercoli, senior vice president for market analysis design and strategy support at Italy’s Eni, said the emergence of two different models for the storage business in Europe will be one factor that will make the market more unpredictable.

Storage in Germany and the...