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Home Gas Prices

European gas demand jumps to record highs

Editor by Editor
4 years ago
Reading Time: 1 min read
European gas prices
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Behind the sharp rise in European gas prices over the past few weeks, gas demand jumped to record highs in Apr-21.

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Unseasonably cold temperatures were the main driver, but industrial demand was back to its Apr-19 level as well.

In the meantime, Asian LNG imports jumped by 11% yoy in Apr-21, mainly driven by a strong increase in China LNG imports (+21% yoy)

Asian LNG prices

Source: Engie EnergyScan

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Tags: Engie EnergyScanEuropean gas prices
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