• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Consumption

October 2018

While mild weather in Europe will limit seasonal demand at the start of the winter, the market still looks set to tighten over the coming months.

Demand from Europe’s six largest markets is expected to decline on an annual basis in Q4. Temperatures are forecast to be average-to-above-average for much of the region over the next month, limiting seasonal requirements for heating-related gas use. Consequently, overall consumption in the six markets looks likely to fall by around 2.6% year on year in Q4 despite gains seen...