Natural gas & LNG

Europe & Russia November 2019

Regional analysis & forecasts
Economic overview

European economic growth is slowing, and Brexit risks have started to erode the outlook further.

The International Monetary Fund downgraded its growth estimates for 2019 and 2020 and pointed to several downside risks to European growth in its latest World Economic Outlook, issued in October. It said Brexit-related risks could derail the fragile recovery in the euro area. The weak economic climate is expected to continue to weigh on gas demand.

Germany, Europe’s largest economy, narrowly avoided its first recession since 2013 when GDP data for Q3...