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Author: David Callanan

German gas storage levels from July 2025 to June 2026, showing inventories falling to 21% after winter before recovering to 41% by July 2026.

Market incentives threaten German gas storage refill

Year-on-year change in natural gas production across Eurasia, highlighting stronger Russian gas output in the first half of 2026.

Global gas market outlook identifies five trends to watch in H2 2026

Projected TTF summer-to-winter gas price spread under European gas storage scenarios for Winter 2026.

European gas storage targets face growing pressure from weak market incentives

Chart showing European daily LNG imports (30-day rolling average) compared with historical ranges from 2021 to 2026

European LNG imports fall sharply below recent seasonal levels

Gas-fired generation doubles across Europe as wind power falls during January heatwave

Gas-fired generation doubles as Europe battles heatwave and wind lull

Destination of LNG cargoes transiting the Strait of Hormuz since April 2026, showing shipments to Pakistan, China, India and Japan.

LNG cargoes continue to transit the Strait of Hormuz as normalisation nears

German intraday electricity prices rising above €600/MWh during a heatwave as power demand increases and generation availability tightens.

Gas-fired generation helps stabilise European power markets during heatwave

Map showing Qatar's Ras Laffan LNG export complex, the North Dome/South Pars gas field shared with Iran, and the Strait of Hormuz.

Qatar LNG seeks to restore exports after Hormuz disruption

Dutch TTF natural gas futures fall nearly 10% from recent highs as geopolitical risk premium eases and European gas markets stabilise.

European gas prices retreat as LNG market risk premium fades

European gas storage levels remain below last year's pace amid LNG supply disruption

European gas market faces growing winter risks as Middle East crisis drags on

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