Summer Outlook and Early Winter Projections

Norwegian piped exports are expected to decline by 0.9bcm to 54bcm in Summer ’25 compared with Summer ’24. The only bullish risk for Winter ’25 arises under a cold weather scenario. If storage reaches 87% by November, an extremely cold winter could reduce stock level to 18% by April. And if stocks are only 83% full by 1 November, they […]