Europe & Russia Consumption

March 2017

Growth in European demand will weaken over the coming months.

Power sector issues and weather-related demand provided a strong boost to gas consumption at the start of the year, but demand growth in Europe’s major markets is expected to weaken in Q2, with total annual growth for the major markets forecast to be around 2%.

In Spain, annual demand growth in March is expected to be around 2%, while consumption in France and Italy will fall year on year during the month. Support for gas in the...

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