Europe & Russia Consumption

European gas demand has received a boost from unseasonably cold weather, but is set to ease.

UK gas demand rose at the start of the year but is expected to decline over the summer (April-September). The country’s gas consumption increased by 15% on an annual basis in February, to reach roughly 9.5 billion cubic metres, according to preliminary statistics. Total demand for January and February rose to roughly 19 bcm, up by 4% year on year. Cold weather in March and April brought below-average temperatures to...