Europe & Russia Consumption

September 2017

Easing demand before the start of winter will weigh on European gas demand growth this year.

Gas consumption in leading markets has declined on an annual basis in recent weeks. Strong power sector offtake has driven weeks of robust demand in Italy, but gas consumption is now weakening and is anticipated to fall on an annual basis over the coming weeks. Italy’s gas demand rose by 12.5% year on year in August because of rising demand from the power sector. Gas demand from power generation rose...

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