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UK gas demand down 12 per cent in Quarter 2 2024
UK gas demand decreased by 12 per cent in Quarter 2 2024, compared with the same period last year. This was largely due to record lows in gas used for electricity generation a result of low demand and high imports. UK imports of LNG fell by 78 per cent after a period of consistent highs from 2022 when the UK […]
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Turkmenistan’s new gas monetization strategy
Turkmenistan’s weak investment climate has made transforming the country’s solid gas reserves base into export earnings beyond the existing sales to China more difficult. Barriers to foreign capital and a reliance on public finance to support major national investment projects are additional headwinds. While external factors are out of Turkmenistan’s control, some of the internal challenges can be solved. There […]
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Challenges for integrating Ukraine’s energy sector into the EU
Strengthening Ukraine’s energy security is a key component of ensuring energy independence for the entire European region. Integrating Ukraine’s energy system with the European network will, in the future, provide reliable alternative sources of energy supply. This integration can strengthen political and economic stability in Eastern Europe and enhance overall security in the region.
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European electricity prices down as wind energy reaches new records
In the last week of September, wind energy production increased in the main European markets and registered historical daily production records for September in several markets. This favored the decline in electricity market prices, even though gas and CO2 prices increased during the week. Solar photovoltaic energy production declined in most markets with the arrival of autumn and the reduction […]
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INFRASTRUCTURE
EU and UK gas storage saw a single day of net withdrawals
It appears that last week EU and UK gas storage saw a single day of net withdrawals due to the...
Natural gas prices move in different directions across regions
Gas prices moved into different directions across regions, with geopolitics fuelling volatility in Europe and pipeline constraints driving negative prices...
European gas storage sites reach 90% fill levels
EU storage sites just reached 90% fill levels, more than two months ahead of the official target date of 1...
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UPCOMING EVENTS
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GAS PRICES
European gas demand continues steady decline
Natural gas price benchmarks – September
The Turkish gas market – the eternally head-scratching surprise
RUSSIA
The Turkish gas market – the eternally head-scratching surprise
European natural gas supply risks grow
