European demand surge leads to cut in storage injections
October 7, 2025
Behind the sharp rise in European gas prices over the past few weeks, gas demand jumped to record highs in Apr-21.
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)
Source: Engie EnergyScan
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